Tomorrow’s announcement will more of what the BoC has to say about the Canadian economy and how the current stalemate between the U.S. and China will continue to impact it. Expect no rate change and a possible reiteration of not changing mortgage rules in alleviate the current real estate woes.
Currently Close Range
USDCAD 1.3472 1.3444 1.3434-1.3480
EURCAD 1.5050 1.5049 1.5022-1.5081
GBPCAD 1.7057 1.7045 1.7013-1.7089
US: Consumer Confidence May 129.2 134.1
S&P Case-Shiller Home price Index Mar 0.3% 0.1%