USDCAD spot rate: 1.3250 - 1.3255 (as at 7:18am PST)
Ranges: | Asia: | 1.3253 | to | 1.3265 |
Europe: | 1.3250 | to | 1.3268 | |
North America: | 1.3245 | to | 1.3260 |
Technical Support / Resistance:
S2 | S1 | R1 | R2 |
1.3200 | 1.3240 | 1.3316 | 1.3365 |
Key Economic Data Releases:
- U.S. consumer confidence 125.1 (133.0 exp) 135.1 previous
Event Calendar:
Date | Canada | U.S.A. |
Sept 25 Sept 26 Sept 27 | New home sales, EIA crude oil stocks GDP Q2, jobless claims Durable goods orders, consumer sentiment |
The US major stock indices are opening higher on the back of US/China trade hopes. Meanwhile in Britain, a High court ruling on Brexit issues pumped up the pound. Most of the major currencies are trading in a very narrow band this morning as traders search for clues on the global economic outlook.
Currently, the TSX is up 0.08% and the DJIA is up 0.32%. EURCAD is up 0.01% trading between 1.4559 and 1.4588. GBPCAD is up 0.48% trading between 1.6454 and 1.6560. JPYCAD is down 0.13% trading between 0.01229 and 0.01233. Gold is down 0.28% trading between $1,515 and $1,524USD/oz while silver is down 1.34% trading between $18.24 and $18.74. Oil (WTI crude) is down 1.23% trading between $57.67 and $58.88.