Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver September 9, 2019


USDCAD spot rate: 1.3155 - 1.3160 (as at 8:20am PST)

Ranges:

Asia:

1.3162

to

1.3177

Europe:

1.3149

to

1.3170

North America:

1.3148

to

1.3165

Technical Support / Resistance:

S2

S1

R1

R2

1.3080

1.3130

1.3209

1.3250

Key Economic Data Releases:

- No major data releases

Event Calendar:

Date

Canada

U.S.A.

Sept 10

Sept 11

Sept 12

Sept 13

Housing starts, building permits

New housing price index

Producer price index, EIA crude oil stocks

CPI, jobless claims

Retail sales, consumer sentiment index

U.S. stocks were mostly higher, led by gains of financials, energy and consumer services companies. Sovereign bond yields rose in North America and Europe. A dollar gauge continued slipping from Friday, when Federal Reserve Chairman Jerome Powell stoked expectations of another interest-rate cut at his next policy meeting. The Stoxx Europe 600 Index swung between modest losses and gains and euro-area bonds fell as investors showed less conviction that the European Central Bank's policy meeting Thursday will result in bold steps toward easier policy, and after German exports showed a surprise increase. Central banks are striding back into the spotlight as protectionist moves between the two biggest economies cast shadows across the global growth outlook. More high-level Sino-U.S. trade talks are not expected until next month. Traders have been kept somewhat on edge after data over the weekend showed China's exports unexpectedly contracted in August, and last week's U.S. employment report was weaker than many forecast. Elsewhere, oil advanced after Saudi Arabia's new energy minister signaled that OPEC and its allies will continue with production cuts, as the group prepares to gather in Abu Dhabi. Currently, the TSX is down 0.19% and the DJIA is up 0.34%. EURCAD is up 0.16% trading between 1.4499 and 1.4556. GBPCAD is up 0.50% trading between 1.6106 and 1.6294. JPYCAD is down 0.32% trading between 0.01227 and 0.01233. Gold is down 0.30% trading between $1,497 and $1,515USD/oz, silver is down 0.58% trading between $17.92 and $18.31USD/oz, while oil (WTI crude) is up 2.28% trading between $56.63 and $57.93.

B90fe1ad36

Follow us




Follow us on Twitter @vbcefx


Disclaimer


The information and opinions contained herein are gathered from sources which are thought to be reliable but the reader should not assume that the information and opinions are official or final. VBCE makes no warranty concerning the accuracy of the information and opinions, and accepts no liability for the consequences of any actions taken on the basis of the information and opinions provided. The content is for general information only and does not constitute in anyway giving financial advice.