Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver September 3, 2019


USDCAD spot rate: 1.3345 - 1.3350 (as at 7:34am PST)

Ranges:

Asia:

1.3328

to

1.3348

Europe:

1.3330

to

1.3360

North America:

1.3345

to

1.3383

Technical Support / Resistance:

S2

S1

R1

R2

1.3180

1.3300

1.3390

1.3440

Key Economic Data Releases:

- U.S. Markit mfg. PMI 49.1 (51.0 exp.) 51.2 previous

Event Calendar:

Date

Canada

U.S.A.

Sept 4

Sept 5

Sept 6

Int'l merchandise trade, Bank of Canada interest rate

Net employment change, unemployment rate, Avg hourly wages

Trade balance

ADP employment change, ISM non-mfg

Non-farm payrolls, unemployment rate, Average hourly earnings

Stocks fell as trade talks between the U.S. and China struck another stumbling block, while Treasuries turned higher and the dollar erased gains after American factory data signaled contraction for the first time in three years. The S&P 500 declined for the first time in four sessions as Chinese and American officials struggled to agree on a schedule for negotiations after Washington rejected Beijing's request to delay tariffs that took effect over the weekend, according to a Bloomberg report. Semiconductor shares weighed on benchmarks after Huawei Technologies accused the U.S. government of harassing workers and attacking its internal network.Currently, the TSX and the DJIA are down 0.20% and 1.36% respectively. EURCAD is up 0.23% trading between 1.4575 and 1.4654 . GBPCAD is down 0.05% trading between 1.5956 and 1.6145. JPYCAD is up 0.85% trading between 0.01253 and 0.01261. Gold is up 1.10% trading between $1,521 and $1,545USD/oz while oil (WTI crude) is down 3.30% trading between $52.85 and $55.03.

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