BOC Governor Poloz Speaks (CAD) – 21/09

 

What is it? Governor Poloz is due to speak about the commodity cycle and the Canadian economy, in Calgary.

As head of the central bank, which controls short term interest rates, he has more influence over the nation's currency value than any other person. Traders scrutinize his public engagements as they are often used to drop subtle clues regarding future monetary policy.

When? September 21st at 2:45pm Eastern Time.

Trading Tip: If the announcement will hint towards higher interest rates, you can expect the CAD to rise.

 

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