The Bank of Canada (BOC) is announcing its latest monetary policy decision this week! Our Event Guide for the July BOC Monetary Policy Decision suggests that markets are widely expecting the central bank to keep interest rates steady at 2.25%, though the updated Monetary Policy Report and Governor Macklem’s press conference could offer clues about whether easing is still on the table. If the BOC delivers a hawkish surprise, CAD/CHF longs and GBP/CAD shorts could offer attractive trading opportunities.