Bank of Canada (BoC) news

The Bank of Canada (BoC) is Canada's central bank. Its principal role is to promote the economic and financial well-being of Canada. The BoC uses monetary policy tools to influence economic activity and maintain the stability of the Canadian financial system.

Markets Weekly Outlook - FOMC Rate Cut Countdown, Economic Projections May Hold the Key

Markets Weekly Outlook: The countdown to the FOMC rate decision is on. Will the Fed cut rates, or will stubborn inflation and a resilient job market lead to a pause? We break down the internal debate, global central bank action (RBA, BoC, BOJ), and the technical outlook for the US Dollar Index (DXY) as Wall Street indexes near all-time highs. Economic projections for 2026 are key to the DXY's trajectory.

05-12-2025 18:32 GMT by Zain Vawda

Loonie rallies after Canada adds 54,000 jobs in major employment beat

USD/CAD and EUR/CAD Technical Analysis: Canada's currency now leads its peers after a strong surprise in employment data, reversing a period of slowing growth and tariff pressures. The Bank of Canada is likely done with rate cuts, while the improving labor picture strengthens the Loonie. We analyze USD/CAD and EUR/CAD to see how important this fundamental shift was for the currency.

05-12-2025 14:54 GMT by Elior Manier