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ECB Interest Rate Decision Trading

BoC Interest Rate Decision | Will Canada be the first to adjust?

It’s time to prepare for the upcoming BoC Interest Rate Decision. Interest rates have remained unchanged across the major central banks for all of 2021. This is no surprise given how the pandemic has affected the global economy.

Analysts are again forecasting no change in interest rates at the June 2021, meeting.

Holding the Interest Rate steady like this has led to pretty flat trading during these times, with only minimal spikes in price. Traders hoping to trade these events may be left disappointed.

Interest Rate Decisions always carry the potential for colossal volatility spikes and should be considered a hazardous time to trade.

Do you trade central bank interest rate decisions?

If you plan to trade The BoC Interest Rate Decision, Tweet us how you plan to trade safe!

Brought to you by Darwinex: UK FCA Regulated Broker, Asset Manager & Trader Exchange where Traders can legally attract Investor Capital and charge Performance Fees.

Risk disclosure:
Content Disclaimer: The contents of this video (and all other videos by the presenter) are for educational purposes only, and are not to be construed as financial and/or investment advice.
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Bank of Canada Interest Rate Decision Time

It’s time to prepare for the upcoming Bank of Canada Interest Rate Decision again. Will it be a flurry of volatility or like watching paint dry?

The BOC reduced rates from 0.75% to 0.25% on March 27th 2020, and that’s where they’ve remained. The consensus has been the BOC will keep them there, and again, that’s what they’ve done. So far, we’ve not had any surprises.

Holding the Interest Rate steady like this has led to pretty flat trading during these times, with only minimal spikes in price.

Interest Rate Decisions always carry the potential for colossal volatility spikes and should be considered a hazardous time to trade.

Are you a news trader?

Or maybe a breakout trader?

If you plan on trading the Bank of Canada Interest Rate Decision, Tweet us back on how you plan on tackling a volatility storm should it surface!

Brought to you by Darwinex: UK FCA Regulated Broker, Asset Manager & Trader Exchange where Traders can legally attract Investor Capital and charge Performance Fees.

Risk disclosure:
https://www.darwinex.com/legal/risk-disclaimer


Content Disclaimer: The contents of this video (and all other videos by the presenter) are for educational purposes only, and are not to be construed as financial and/or investment advice.