The typical/expected impact on CAD pairs is high.
Recent economic data has been strongly bearish for CAD. The following recent announcements may affect the market reaction to Bank of Canada Monetary Policy Report:
Previous | Latest | ||||
---|---|---|---|---|---|
Average Hourly Wages (YoY) | Bearish change | 4% | 3.5% | ||
Net Change in Employment | Bearish change | 1.1K | -32.6K | ||
Unemployment Rate | Bearish change | 6.6% | 6.7% | ||
S&P Global Manufacturing PMI | Bearish change | 47.8 | 46.3 | ||
Gross Domestic Product (MoM) | Bullish change | 0.3% | 0.4% |
Country: | Canada |
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Currency: | CAD |
Source: | |
Category: | Central Banks |
Frequency: | Monthly |