USD/CAD: Canadian Overnight Rate

Note: This section contains information in English only.
Source: Dukascopy Bank SA

The US Dollar appreciated against the Canadian Dollar, following the Canadian Overnight Rate data release on Wednesday at 14:00 GMT. The USD/CAD exchange currency rate gained 73 pips or 0.54% right after the release. US Dollar continued trading at the 1.3510 level against the Canadian Dollar.

The Bank of Canada released the Canadian Overnight Rate data that came out in line with expectations of 1.75%, meaning that the Bank did not change its interest rate.

According to the Bank's press release: "Given all of these developments, Governing Council judges that an accommodative policy interest rate continues to be warranted. We will continue to evaluate the appropriate degree of monetary policy accommodation as new data arrive. In particular, we are monitoring developments in household spending, oil markets, and global trade policy to gauge the extent to which the factors weighing on growth and the inflation outlook are dissipating."


Historical Data: Canadian Overnight Rate
Date05.09.1824.10.1805.12.1809.01.1924.04.19
Actual1.50%1.75%1.75%1.75%1.75%
Forecast1.50%1.75%1.75%1.75%1.75%
Initial Reaction on Main Pairs
PairOpenCloseChange
AUD/CAD0.945370.949190.40%
CAD/CHF0.757390.75362-0.50%
EUR/CAD1.505571.512140.44%
USD/CAD1.344631.351350.50%
Apr 24, 2019 Open Positions
PairLongsShorts
AUD/CAD71.3%28.7%
CAD/CHF30.3%69.7%
EUR/CAD42.3%57.7%
USD/CAD37.5%62.5%
Economic Calendar for Apr 25, 2019
GMTCurrencyEventForecastPrevious
TentativeJPYMonetary Policy Statement--
12:30USDCore Durable Goods Orders m/m0.2%-0.1%
22:45NZDTrade Balance131M12M
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Actual Topics

Thu, 25 Apr 2019 13:45:19 GMT

EUR/USD: US Durable Goods Orders

The European Common Currency traded sideways against the US Dollar, following the US Durable Goods Orders data release on Thursday at 12:30 GMT. The EUR/USD exchange currency rate lost 8 pips or 0.07% right after the release. The Euro continued trading at the 1.1140 level against the US Dollar.

Thu, 18 Apr 2019 13:43:54 GMT

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