BOC Governor Poloz Speaks (CAD) – 20/04

 

What is it? Governor Poloz is due to participate in a panel discussion at the Bloomberg Americas Monetary Summit, in New York.

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.

When? April 20th at 10:05am Eastern Time.

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

 

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