In Canada, the Bank of Canada's (BoC) Governing Council determines the benchmark interest rate for the country. The Overnight Rate is the official rate of interest. Having been established at the top limit of an operating band for the money market overnight rate since 1996. Bank Rate was fixed at 25 basis points above the weekly average tender rate for three-month Treasury bills, which was the case from March 1980 to February 1996.
A higher than expected figure should be seen as positive (bullish) for the CAD while a lower than expected figure should be seen as negative (bearish) for the CAD.
Source:
Bank of Canada
Category:
Interest Rate
Units:
Percent
Latest Release
Previous:
5%
Consensus:
5%
Actual:
5%
Next Release
Date:
Oct 24, 14:00
Time left:
29 days
Data updated. Please refresh the page.
Forex Sentiment (CAD)
| Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
|---|---|---|---|---|---|---|
| USDCAD |
|
|
1.3382 +382 pips |
1.3548 -548 pips |
1.3 | |
| AUDCAD |
|
|
0.8676 +16 pips |
0.8842 -182 pips |
0.86604 | |
| CADJPY |
|
|
106.3541 -368 pips |
108.7567 +128 pips |
110.032 | |
| EURCAD |
|
|
1.4270 -92 pips |
1.4498 -136 pips |
1.43621 | |
| GBPCAD |
|
|
1.6356 -151 pips |
1.6721 -214 pips |
1.65073 | |
| NZDCAD |
|
|
0.8013 -9 pips |
0.8131 -109 pips |
0.80219 | |
| CADCHF |
|
|
0.6657 -73 pips |
0.6902 -172 pips |
0.67295 |
