TradingView
Mitrade_official
Apr 13, 2023 4:23 AM

Canada holds rates at 4.5% for the third month 

British Pound/U.S. DollarFXCM

Description

The Bank of Canada has maintained its interest rate at 4.50% for the third consecutive month. Meanwhile, US inflation data are lower than expected, with the year-on-year inflation rate slowing from 6.0% to 5.0%. USD/CAD declined 28 pips to 1.3438, and USD/JPY fell 53 pips to 133.20.

EUR/USD rose 79 pips to 1.0989, and GBP/USD added 57 pips to 1.2481. Australia added 53,000 jobs in March, and AUD/USD increased 38 pips to 0.6688.

Spot gold climbed HKEX:11 to HKEX:2,014.99 an ounce, and WTI oil futures added $1.73 to $83.26 a barrel. Bitcoin slipped to HKEX:30,007.0, while Ethereum advanced to HKEX:1,905.54.

The Nasdaq 100 plunged 115 points to 12,848, and the Dow Jones Industrial Average dropped 38 points to 33,646. The S&P 500 slid 16 points to 4,091.
More