Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver October 22,2019
VBCE Daily Foreign Exchange Update for Tuesday, Oct. 22, 2019
USDCAD spot rate: 1.3105 - 1.3110 (as at 7:25am PST)
| Ranges: | Asia: | 1.3119 | to | 1.3138 |
| Europe: | 1.3097 | to | 1.3126 | |
| North America: | 1.3099 | to | 1.3111 |
Technical Support / Resistance:
| S2 | S1 | R1 | R2 |
| 1.3000 | 1.3070 | 1.3144 | 1.3200 |
Key Economic Data Releases:
- Canadian Retail sales -0.1% (0.4% exp.) 0.6% previous
Event Calendar:
| Date | Canada | U.S.A. |
| Oct 23 Oct 24 Oct 25 | Wholesale sales | Housing price index Durable goods orders, new home sales Consumer sentiment index |
Tepid trading to start the day as China / U.S. trade issues continue to headline the news. Disappointing Canadian retail sales data hurt the Canadian dollar in trading so far this morning. The Canadian election resulted in a Liberal minority government of some form, with a definite leftward bias.
Currently, the TSX is up 0.32% and the DJIA is down 0.11%. EURCAD is 0.04% trading between 1.4565 and 1.4606. GBPCAD is down 0.15% trading between 1.6898 and 1.6990. JPYCAD is up 0.31% trading between 0.01202 and 0.01208. Gold is up 0.63% trading between $1,481 and $1,489USD/oz while silver is down 0.28% trading between $17.45 and $17.67. Oil (WTI crude) is up 1.23% trading between $53.24 and $54.44.
Sources: Reuters, Bloomberg, FXStreet, RBC Capital Markets, Bank of Canada, U.S. Federal Reserve, CNBC, Forexlive, CME Group
Follow us
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.
