Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver August 6, 2019

VBCE Daily Foreign Exchange Update for Tuesday, Aug 6, 2019

USDCAD spot rate: 1.3225 - 1.3230 (as at 7:22am PST)

Technical Support / Resistance:

Key Economic Data Releases:

- No major economic releases

Event Calendar:

U.S. and European stocks clawed back some of their recent losses after China moved to stabilize its currency, providing a respite for investors stung by an escalation in trade tensions.The S&P 500 Index rose as much as 1% while manufacturing shares led the Stoxx Europe 600 higher as China fixed the yuan at stronger than 7 per dollar, the level that spurred a global sell-off Monday. The dollar steadied and gold held near a six-year high, while Treasuries gave back some of yesterday's surge, when they reached the most extreme yield-curve inversion since the lead-up to the 2008 financial crisis.Currently, the TSX is down 0.59% and the DJIA is up 0.73% . EURCAD is down 0.50% trading between 1.4757 and 1.4862. GBPCAD is up 0.30% trading between 1.6012 and 1.6131 . JPYCAD is down 0.85% trading between 0.01233 and 0.01251 . Gold is down 0.35% trading between $1,456 and $1,474USD/oz while oil (WTI crude) is up 0.60% trading between $54.01 and $55.41

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Sources: Reuters, Bloomberg, FXStreet, RBC Capital Markets, Bank of Canada, U.S. Federal Reserve, CNBC, Forexlive, CME Group