The Bank of Canada Business Outlook Survey (BOS) reported elevated optimism among Canadian businesses in the fourth quarter of 2021. The BOS indicator, a statistical summary of survey results, was 5.99 in 2021Q4, up from 4.56 in the third quarter. Businesses expected foreign and domestic demand to strengthen, boosting future sales. That said, the survey […]
The post Bank of Canada Business Outlook Survey: Businesses Upbeat ahead of Omicron appeared first on Action Forex.
Assistant Governor Karen Silk indicated that RBNZ is likely to slow the pace of monetary easing and incorporate pauses into its rate cycle after February. “There could be pauses built in, but it is definitely Read more…
Key Highlights GBP/USD started an upside correction from the 1.2500 support. It cleared a key contracting triangle with resistance at 1.2600 on the 4-hour chart. Bitcoin tested the $91,000 zone before the bulls appeared. USD/JPY Read more…
Businesses remain very upbeat about the year ahead. There are also some signs that current conditions are gradually improving. Key results (November 2024) Business confidence: 64.9 (Prev: 65.7) Expectations for own trading activity: 48.0 (Prev: Read more…