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Smart Money Concepts, positioning, seasonality and session timing — written the way the terminal reads them, with the numbers behind every claim.

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Oct 28, 2026 5 min read

Bank of Canada Interest Rate Decision October 2026: A Hike to 2.50% Into Falling Jobs, and USD/CAD

The Bank of Canada decides today, 28 October 2026, at 13:45 UTC with its Monetary Policy Report, and the market has swung from a cut to a hike in three weeks: swaps price a move from 2.25% to 2.50% at roughly 75–85% after headline inflation rose to 3.1% on gasoline, even though core measures eased to 1.8–1.9% and the economy lost 68,000 jobs in September. This guide explains the dilemma, what the MPR will say about oil, the scenarios for USD/CAD with the Fed four hours later, and the levels that matter.

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Oct 27 6 min read

Oil Price Shock October 2026: Brent at $117 and What It Means for Forex

Brent crude closed at $116.72 on 23 October 2026, its highest in six months, after Houthi strikes on Saudi energy sites and reports of renewed US action against Iran after the 3 November midterms. The oil price is now the single biggest driver of forex: it feeds inflation, lifts Treasury yields toward 5%, keeps a December Fed hike priced, and sorts currencies into exporters and importers. This guide explains the transmission, which pairs move and which way, and how to trade a market where the catalyst is a headline rather than a data release.

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