USDCAD spot rate: 1.3275 - 1.3280 (as at 8:08am PST)
Ranges: | Asia: | 1.3305 | to | 1.3323 |
Europe: | 1.3295 | to | 1.3315 | |
North America: | 1.3270 | to | 1.3327 |
Technical Support / Resistance:
S2 | S1 | R1 | R2 |
1.3160 | 1.3190 | 1.3350 | 1.3395 |
Key Economic Data Releases:
- U.S. Initial jobless claims 227k (219k exp.) 227k previous
Event Calendar:
Date | Canada | U.S.A. |
Nov. 22 | Retail sales | Markit mfg. PMI, consumer sentiment index |
Equities fell on signs of tension in trade talks between China and the U.S. The dollar held steady and Treasuries dipped as China's chief trade negotiator reportedly said he was cautiously optimistic about reaching a phase-one accord. Pessimists focused on speculation Donald Trump may sign legislation backing Hong Kong protestors, setting up further conflict between the nations
Currently, the TSX is down 0.23% while the DJIA is down 0.24%. EURCAD is down 0.11% trading between 1.4692 and 1.4771. GBPCAD is down 0.10% trading between 1.7153 and 1.7270. JPYCAD is down 0.15% trading between 0.01221 and 0.01229. Gold is down 0.36% trading between $1,463 and $1,475USD/oz while silver is down 0.10% trading between $17.04 and $17.18. Oil (WTI crude) is up 1.75% trading between $56.61 and $58.11.