The GBP/CAD price continued its remarkable comeback as a divergence between the Bank of Canada and England emerged. It jumped to a high of 1.6512, the highest level since February 28. It has jumped by...
Tag: BoC
Upbeat ahead of BoC decision
The USD/CAD exchange rate jumped to a high of 1.3773, the highest point since November after the extremely hawkish statement by Jerome Powell. It has risen by more than 3.85% from its lowest level thi...
USD/CAD analysis as BoC prepares its final rate hike
The USD/CAD exchange rate rallied to the highest level since November 4 ahead of the upcoming interest rate decision by the Bank of Canada (BoC). It rallied to a high of 1.3693, which was about 3.60% ...
Double top forms ahead of BOC decision
The USD/CAD price has hit a major resistance ahead of the upcoming Bank of Canada (BoC) interest rate decision. The pair is trading at 1.3020, which is slightly below this month’s high of 1.3082. It h...
BoA and BoC Surveys Show Positive Crypto Tendencies Among Americans and Canadians
Despite the ongoing crypto winter, a study by the Bank of America has revealed that investors are still bullish on crypto, with users still viewing it as an investment opportunity. The study also reve...
USD/CAD forecast: Downtrend intact ahead of BOC decision
The USD/CAD price retreated to the lowest level since April 22nd ahead of the upcoming interest rate decision by the Bank of Canada (BOC). The pair is trading at 1.2655, which is about 3.26% below the...
USD/CAD forecast ahead of the BOC interest rate decision
The USD/CAD pair has been in a strong bullish trend in the past few days. The pair is trading at 1.2642, which is about 1.95% above its lowest level this month. Focus now shifts to the upcoming intere...
USD/CAD prediction ahead of the BOC interest rate decision
The USD/CAD price moved sideways on Wednesday morning as investors waited for the upcoming interest rate decision by the Bank of Canada. It is trading at 1.2717, which is a few points above this week’...
USD/CAD sits and waits ahead of the BOC interest rate decision
The USD/CAD pair moved sideways ahead of the latest Bank of Canada (BOC) and Federal Reserve interest rate decision. The pair is trading at 1.2600, which is slightly above last week’s low of 1.2462. B...