Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD
WhatsApp Telegram LinkedIn Facebook X TikTok Instagram

Loonie falls after weak inflation data

Economies.com
2025-04-16 03:37AM UTC

The Canadian dollar fell against most major rivals on Tuesday following forecast-missing data.

 

Canada's consumer prices rose 2.3% y/y in March, below estimates of 2.7%, and down from 2.6% in the previous reading.

 

Core prices, excluding food and energy, rose 2.2%, below estimates of 2.7%, and down from 2.7% in the previous reading. 

 

Aussie

 

The Australian dollar rose 0.2% as of 20:12 GMT against its US counterpart to 0.6343.

 

US Dollar

 

The dollar index rose 0.5% as of 19:41 GMT to 100.1, with a session-high at 100.2, and a low at 99.4.

 

US President Donald Trump recently hinted at a potential lifting of the 25% tariffs on imported automobiles and their parts to give companies time to build factories in the US.

 

Otherwise, a Bloomberg report indicated China has ordered local airline companies to not order any more Boeing shipments. 

Wall Street edges up as investors assess the trade war

Economies.com
2025-04-15 15:44PM UTC

US stock indices advanced on Tuesday as investors assess the latest developments in the US trade war with the globe.

 

US President Donald Trump recently hinted at a potential lifting of the 25% tariffs on imported automobiles and their parts to give companies time to build factories in the US.

 

Otherwise, a Bloomberg report indicated China has ordered local airline companies to not order any more Boeing shipments. 

 

On trading, Dow Jones rose 0.1% as of 15:42 GMT, or 45 points to 40,570 points, while S&P 500 added 0.21% to 5419 points, as NASDAQ climbed 0.2% to 16,874 points.

Canada's inflation slows down in March

Economies.com
2025-04-15 14:32PM UTC

Canada's consumer prices rose 2.3% y/y in March, below estimates of 2.7%, and down from 2.6% in the previous reading.

 

Core prices, excluding food and energy, rose 2.2%, below estimates of 2.7%, and down from 2.7% in the previous reading. 

Bitcoin climbs for second straight session

Economies.com
2025-04-15 12:59PM UTC

Bitcoin rose on Tuesday on track for the second straight profit in a row, heading for multi-week highs on positive sentiment as major corporations continue to raise their holdings of bitcoin.

 

America’s MicroStrategy raised its bitcoin holdings to a new record high, underpinning its institutional appeal and status.

 

The Price

 

Bitcoin rallied 1.7% today to $86,000, with a session-low at $84,353.

 

On Monday, bitcoin rallied 1.1%, the third profit in four sessions as the risk appetite improved worldwide.

 

Crypto Market Value

 

The market value of cryptocurrencies rose by $35 billion on Tuesday to $2.804 trillion.

 

MicroStrategy

 

Through the X Platform, MicroStrategy chairman Micheal Saylor announced a new round of bitcoin purchases amounting to 3459 units.

 

The purchase occurred between April 1 and 13, with the company spending $285.78 million overall, averaging $82,618 per unit.

 

Following the new acquisition, the company’s total bitcoin holdings amount to 531,644 units, averaging $67,619 per unit, with a total current value of $35.95 billion.

Frequently asked questions

What is the price of USD/CAD today?

The price of USD/CAD is $1.3577 (2025-07-04 01:55AM UTC)