Canadian dollar steadies as exporter confidence soars

The Canadian dollar was little changed against the greenback on Thursday as a dip in oil prices offset domestic data showing confidence among exporters has surged to its highest level in more than 20 years. Export Development Canada's Trade Confidence Index jumped 19% from end-2020 to mid-2021 amid mounting optimism that a sustained global economic recovery is underway. One of Canada's major exports is oil.

Anchorage Adds Custody for Celo’s Euro Stablecoin

The cEUR token, which tracks the price of the euro, joins cUSD, which tracks the U.S. dollar.

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Yen Poised to Unwind Pandemic-Driven Gains on Policy Divergence

(Bloomberg) -- The yen looks poised to unwind an advance spurred by demand for haven asset during the pandemic, with traders betting the Bank of Japan will fall behind the Federal Reserve in tightening policy as global the economy recovers.The Japanese currency depreciated to 111.12 per dollar on Thursday, the weakest since March 2020. Traders are positioning for the Fed to raise rates twice by the middle of 2023 after the central bank took a hawkish tilt last week. The BOJ is expected to mainta