An increase of the indicator value may contribute to the rise in quotes of JPY.
An increase of the indicator value may contribute to the rise in quotes of JPY.
The Bank of Canada is expected to hold interest rates steady at its meeting on Wednesday, pausing after eight consecutive cuts to borrowing costs. The move reflects caution as officials assess the impact of trade tensions fueled by US President Donald Trump’s policies, Bloomberg reports.
The US Securities and Exchange Commission (SEC) recently approved the launching of exchange-traded funds (ETFs) for Bitcoin and Ethereum. As revealed by Kaiko data, XRP is currently the leader among altcoins in terms of potential ETF approval.
In March, consumer price growth in Canada unexpectedly slowed to 2.3% year-on-year from February's 2.6%, according to Statistics Canada. However, market participants and economists still expect that the Bank of Canada will keep the interest rate at the current level.
A decrease of the indicator value may contribute to the fall in quotes of GBP.
Traders are looking ahead to the Bank of Canada’s interest rate decision on Wednesday, remaining confident in the stability of the national currency regardless of the central bank’s move, Bloomberg reports.
An increase of the indicator value may contribute to the rise in quotes of Zinc, Nickel, Palladium, Aluminium, Copper, CNY.
A decrease of the indicator value may contribute to the fall in quotes of CAD.
Ripple, the issuer of the XRP cryptocurrency, has announced the acquisition of brokerage platform Hidden Road, which previously managed transactions worth over $3 trillion a year for more than 300 institutional clients. The deal carries a valuation exceeding $1.2 billion.
Canadian regulators have given the green light to the launch of the world's first exchange-traded funds (ETFs) focused on Solana. The Solana ETF is set to debut on April 16.
Chile’s Enami is in talks with producers and trading firms to secure funding for its $1.4 billion Paipote copper smelter project. According to Bloomberg, the move is part of the country's efforts to reverse the decline in its processing capacity.