Don’t waste your time – keep track of how NFP affects the US dollar!

Data Collection Notice

We maintain a record of your data to run this website. By clicking the button, you agree to our Privacy Policy.

facebook logo with graphic

Join Us on Facebook

Stay on top of company updates, trading news, and so much more!

Thanks, I already follow your page!
forex book graphic

Beginner Forex Book

Your ultimate guide through the world of trading.

Get Forex Book

Check Your Inbox!

In our email, you will find the Forex 101 book. Just tap the button to get it!

FBS Mobile Personal Area

market's logo FREE - On the App Store

Get

Risk warning: ᏟᖴᎠs are complex instruments and come with a high risk of losing money rapidly due to leverage.

76.5% of retail investor accounts lose money when trading ᏟᖴᎠs with this provider.

You should consider whether you understand how ᏟᖴᎠs work and whether you can afford to take the high risk of losing your money.

Will the BOC Surprise Markets with Monetary Policy Report?

Will the BOC Surprise Markets with Monetary Policy Report?

Information is not investment advice

What will happen?

The BOC will report its Monetary Policy on Wednesday, April 13, at 17:00 MT (GMT+3).

The statement provides valuable insight into the bank's view of economic conditions and inflation which are the key factors influencing monetary policy and interest rate decisions.

Last time, the BOC increased the key rate to 0.5%. As a result, USDCAD lost 600 points within 14 hours.

boc.jpeg

How to trade on the BOC Monetary Policy report?

  • If the report is more hawkish than forecasted, the CAD will likely strengthen against other currencies.
  • If the report is more dovish than forecasted, the CAD will likely weaken against other currencies.

Instruments to trade: CADJPY, USDCAD, CADCHF.

Similar

Will the Fed Surprise Investors?

The Federal Reserve will make a statement regarding the future monetary policy on Wednesday, June 15, at 21:00 MT time (GMT+3).

Popular

US PCE May Soar Soon

The United States Bureau of Economic Analysis will release monthly Personal Consumption Expenditures (PCE) on June 30, 15:30 GMT+3.

Choose your payment system

Be on top of your game

Callback

Please fill in the form below so we can contact you

Select the best time for us to call you. We give calls from Monday to Friday in suggested intervals. In case we couldn't get through, we will try again at the same time the next day. For getting real-time assistance, use FBS chat.

We provide only English-speaking callbacks. If you prefer any other languages, contact the support team.

We will call you at the time interval that you chose

Change number

Your request is accepted.

We will call you at the time interval that you chose

Next callback request for this phone number will be available in 00:30:00

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later