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.

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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.