JimmyDATRADR

BOC INTEREST RATE CHANGE

Short
FX:CADJPY   Canadian Dollar / Japanese Yen
I think the Bank of Canada will be lowering the interest rate down to 1.25% copying the change from the FED yesterday due to "Corona Virus." The rate will be changed to not offset the economies of both countries. This could go both ways, either I'm completely wrong and BOC decides to hike rates (Un-likely) or BOC does lower rates and CAD goes bearish, OR nothing happens at all, watch the calendars, good luck guys.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.