AWARDS

What is it? RBA Governor is due to speak at the Annual General Meeting of the Australian Payments and Clearing Association, in Sydney.

As head of the central bank, which controls short term interest rates, he has more influence over the nation's currency value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy.

Usual Effect: If the announcement will hint towards higher interest rates, you can expect the AUD to rise.

When? October 22nd at 5:00pm Eastern Time.

Trading Tip: This announcement can greatly affect the AUD, make sure to make your trades before.

Talk to us to get get FREE signals and start earning now: 

Other top stories:

Overnight Rate (CAD)

4 Tips for Today's Trading - 22/10

BOC Rate Statement (CAD)

Follow us and SHARE this story on Facebook/Twitter:

What is it? Bank of Canada Governor, Gov Poloz, is due to testify, along with Senior Deputy Governor Carolyn Wilkins, before the House of Commons Standing Committee on Finance, in Ottawa.

As head of the central bank, which controls short term interest rates, he has more influence over the nation's currency value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy.

Usual Effect: If the announcement will hint towards higher interest rates, you can expect the CAD to rise.

When? October 22nd at 3:30pm Eastern Time.

Trading Tip: This announcement can greatly affect the CAD, make sure to make your trades before.

Talk to us to get get FREE signals and start earning now: 

Other top stories:

Overnight Rate (CAD)

4 Tips for Today's Trading - 22/10

BOC Rate Statement (CAD)

Follow us and SHARE this story on Facebook/Twitter:

What is it? It's among the primary method the BOC uses to communicate with investors regarding monetary policy. It covers in detail the factors that affected the most recent interest rate decision, such as the overall economic outlook and inflation. Most importantly, it provides clues regarding future monetary policy.

Usual Effect: If the announcement will hint towards higher interest rates, you can expect the CAD to rise.

When? October 22nd at 11:15am Eastern Time.

Trading Tip: This announcement can greatly affect the CAD, make sure to make your trades before.

Talk to us to get get FREE signals and start earning now: 

Other top stories:

Overnight Rate (CAD)

4 Tips for Today's Trading - 22/10

BOC Rate Statement (CAD)

Follow us and SHARE this story on Facebook/Twitter:

What is it? It checks the change in interest rate at which major financial institutions borrow and lend overnight funds between themselves.

Short term interest rates are the paramount factor in currency valuation - traders look at most other indicators merely to predict how rates will change in the future.

Usual Effect: If the number is higher than the forecast, you can expect the CAD to rise.

When? October 22nd at 10:00am Eastern Time.

Trading Tip: This announcement can greatly affect the CAD, make sure to make your trades before.

Talk to us to get get FREE signals and start earning now: 

Other top stories:

4 Tips for Today's Trading - 22/10

BOC Rate Statement (CAD)

Core CPI (USD)

Follow us and SHARE this story on Facebook/Twitter: