Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver July 25, 2019

USDCAD spot rate: 1.3145 - 1.3150 (as at 7:16am PST)

Technical Support / Resistance:

Key Economic Data Releases:

- U.S. Initial jobless claims 206k (219k exp.) 216k previous

- U.S. Durable goods order 2.0% (0.7% exp.) -2.3% previous

Event Calendar:

U.S. stocks fell amid a torrent of corporate results, while the euro rallied and European government bond yields lingered near record lows as the region's central bank signaled the need for significant stimulus as its growth outlook deteriorates. The S&P 500 dropped from a record and the Dow Jones Industrial Average eased for a second day as investors digested a flood of earnings. 3M advanced after beating estimates, while Tesla plunged on weak results. Ford slumped as the gloom in the global auto industry spread. PayPal dropped and Dow was flat after results. Amazon and Alphabet highlight after-hours reports. The euro rose versus the dollar and Treasuries fell after Mario Draghi left rates unchanged but said a "significant degree" of monetary stimulus is appropriate. Currently, the TSX is down 0.27% and the DJIA is down 0.48%. EURCAD is up 0.36% trading between 1.4571 and 1.4708. GBPCAD is up 0.15% trading between 1.6363 and 1.6439. JPYCAD is down 0.29% trading between 0.01211 and 0.01215. Gold is down 0.46% trading between $1,415 and $1,433USD/oz, silver is down 1.15% trading between $16.41 and $16.65USD/oz, while oil (WTI crude) is up 1.00% trading between $55.89 and $56.95.