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


USDCAD spot rate: 1.3330 - 1.3335 (as at 7:25am PST)

Ranges:

Asia:

1.3317

to

1.3330

Europe:

1.3314

to

1.3335

North America:

1.3320

to

1.3347

Technical Support / Resistance:

S2

S1

R1

R2

1.3150

1.3300

1.3350

1.3395

Key Economic Data Releases:

- U.S. ISM non-manufacturing PMI 52.6 (55.0 exp.) 56.4 previous

Event Calendar:

Date

Canada

U.S.A.

Oct 4

Int'l merchandise trade, Ivey PMI

Non-farm payrolls, unemployment rate, Avg hourly earnings, trade balance

U.S. stocks slid, while Treasures rose for a sixth day after key data confirmed concerns that the world's largest economy may be struggling. The S&P 500 fell for a third day after suffering the biggest two-day drop since August amid growing signs the economy is weakening. Data on the all-important services sector fell to the lowest level since August 2016. Investors will now look to the the nonfarm jobs report Friday for more evidence of weakness. The 10-year Treasury yield fell below 1.52% as markets raised bets the Federal Reserve will cut rates this month. The dollar dropped for a third day. Currently, the TSX is down 0.08% while the DJIA is down 1.22%. EURCAD is up 0.33% trading between 1.4569 and 1.4674. GBPCAD is up 0.92% trading between 1.6335 and 1.6554. JPYCAD is up 0.40% trading between 0.01241 and 0.01246. Gold is up 1.08% trading between $1,495 and $1,519USD/oz. Silver is up 1.04% trading between $17.47 and $17.79. Oil (WTI crude) is down 1.88% trading between $51.49 and $52.90.

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