BOC Press Conference (CAD) – 22/10

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:

 

 

Please publish modules in offcanvas position.