Interest Rate Decision. Canada, 16:00 (GMT+2)

Bank of Canada Decision on the interest rate is due at 16:00 (GMT+2). It is expected that the rate will be increased to 1.75% from 1.50%. Bank of Canada makes a decision on the interest rate based on the current economic situation and the level of inflation. The growth of the indicator strengthens CAD. If the rate remains on the previous level or decreases, the rate of CAD goes down.

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