Bank of Canada will maintain current level of policy rate until inflation objective is achieved, continues its quantitative easing program

After 1,637 past bearish macro events, DXY moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% over 20.

• Sep 18, 2023Most Latin American currencies up ahead of central bank policy decisions+0.3%
• Dec 13, 2022Wall St cautiously optimistic as easing inflation lifts hopes of smaller rate hike-0.2%
• Jun 29, 2017GBP/USD Rate Rises As Bank Of England Hint At Interest Rate Increase - Currency Live+0.3%
• Mar 19, 2020The Fed is extending its currency exchange program to more central banks around the world+0.5%
• Sep 7, 2017ECB cites inflation-dampening euro rate as policy factor+0.2%

After 487 past bullish macro events, WTI moved a median +1.0% over 5 sessions (60% higher; middle half -2.0% to +4.0%), and +1.5% over 20.

• Jul 14, 2021Bank of Canada maintains policy rate and forward guidance, adjusts quantitative easing program - Bank of Canada-10.5%
• Mar 23, 2026Pound dips against dollar amid mounting expectations of Bank of England rate increase+2.2%
• Aug 11, 2022Canadian dollar rises to two-month high on growing signs of easing U.S. inflation - The Globe and Mail-4.1%
• Dec 16, 2021Canadian dollar rallies as more central banks move on inflation - The Globe and Mail+2.7%
• Dec 7, 2022India rupee to remain weak on current account and rate differential: Reuters poll+0.5%

Not enough comparable past events yet for a historical read.