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.

Source:  Bank of Canada
Category:  Interest Rate
Units:  Points
Details
Impact: High
Country:
Currency: CAD
Latest Release
Date: Apr 16, 2025
Next Release
Date: Jul 30, 13:45
Time left: 21 days

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
1.3638
-35 pips
1.3899
-226 pips
1.36727
Symbol Action Percentage Volume Positions
USDCAD Short 45% 1266.75 lots 5553
Long 55% 1537.07 lots 6451
10% of traders are currently trading USDCAD.
AUDCAD
0.8840
-99 pips
0.8958
-19 pips
0.89389
Symbol Action Percentage Volume Positions
AUDCAD Short 80% 3823.56 lots 20479
Long 20% 967.15 lots 7605
19% of traders are currently trading AUDCAD.
CADJPY
105.1581
-217 pips
109.0374
-171 pips
107.325
Symbol Action Percentage Volume Positions
CADJPY Short 65% 152.50 lots 1331
Long 35% 83.01 lots 673
2% of traders are currently trading CADJPY.
EURCAD
1.5657
-371 pips
1.5989
+39 pips
1.60278
Symbol Action Percentage Volume Positions
EURCAD Short 83% 672.94 lots 4560
Long 17% 138.71 lots 1138
5% of traders are currently trading EURCAD.
GBPCAD
1.8160
-434 pips
1.8614
-20 pips
1.85940
Symbol Action Percentage Volume Positions
GBPCAD Short 50% 242.51 lots 1487
Long 50% 242.85 lots 993
2% of traders are currently trading GBPCAD.
NZDCAD
0.8122
-87 pips
0.8274
-65 pips
0.82089
Symbol Action Percentage Volume Positions
NZDCAD Short 37% 780.83 lots 3876
Long 63% 1346.96 lots 8705
9% of traders are currently trading NZDCAD.
CADCHF
0.5886
+60 pips
0.6192
-366 pips
0.58260
Symbol Action Percentage Volume Positions
CADCHF Short 7% 121.48 lots 1021
Long 93% 1524.32 lots 8653
6% of traders are currently trading CADCHF.