News & analysis

The Bank of Canada are set to announce their latest policy decision at 15:00 BST/ 10:00 ET on Wednesday June 9th, with Deputy Governor Timothy Lane scheduled to give an economic progress report on Thursday 10th. Given the underwhelming data since the Bank’s April meeting, where they tapered their QE programme to C$3bn a week and upgraded their economic projections, we don’t expect Wednesday’s meeting to outline a further tightening of monetary policy.

Read our Bank of Canada preview here:

DOWNLOAD THE FULL REPORT

 

Author: Simon Harvey, Senior FX Market Analyst

 

 

Disclaimer
This information has been prepared by Monex Europe Limited, an execution-only service provider. The material is for general information purposes only, and does not take into account your personal circumstances or objectives. Nothing in this material is, or should be considered to be, financial, investment or other advice on which reliance should be placed. No representation or warranty is given as to the accuracy or completeness of this information. No opinion given in the material constitutes a recommendation by Monex Europe Limited or the author that any particular transaction or investment strategy is suitable for any specific person. The material has not been prepared in accordance with legal requirements designed to promote the independence of investment research, it is not subject to any prohibition on dealing ahead of the dissemination of investment research and as such is considered to be a marketing communication.