CAD Spurred by BoC Inaction & Oil jump

by Ashraf Laidi

Mar 4, 2015 19:29

The Canadian dollar jumps across the board after the Bank of Canada announced keeping rates unchanged at 0.75%, stating that “inflation is now more balanced” and current degree of policy stimulus remains “appropriate”. The first 4-day consecutive rally in crude oil since June also helped. Charts & analysis.

Click To Enlarge

Latest IMTs

• Brent and Crude Oil Technicals
  by Ashraf Laidi | Mar 13, 2026 16:37
• Dollar Takes over from Gold for now
  by Ashraf Laidi | Mar 11, 2026 8:57
• Is that it for Oil?
  by Ashraf Laidi | Mar 9, 2026 13:27
• Oil Metrics & Gold Risks
  by Ashraf Laidi | Mar 6, 2026 20:39
• Oil Inflection 77, 78
  by Ashraf Laidi | Mar 5, 2026 12:02