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:
4 Tips for Today's Trading - 22/10
Follow us and SHARE this story on Facebook/Twitter:
