Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver November 27, 2019

USDCAD spot rate: 1.3281 - 1.3286 (as at 8:15am PST)

Technical Support / Resistance:

Key Economic Data Releases:

- U.S initial jobless claims: 213k (exp 221k / prev 228k)

- U.S. GDP: 2.1% (exp 1.9% / prev 1.9)

Event Calendar:

U.S. equities gained as the risk-on mood that's driven American benchmarks to record highs showed few signs of abating. The USD strengthened and Treasury yields rose. The S&P 500 and Nasdaq Composite Indexes rose for a fourth day, while Boeing Co. weighed on the Dow Jones Industrial Average after a report showed damage to a plane during a test was greater than previously disclosed. Data on U.S. economic growth and claims for unemployment beat analysts' expectations. The Stoxx Europe 600 benchmark rose to within 1% of its record close, with 15 of 19 sector groups advancing. Equities climbed across Asia except in China, where data showed the economy slowing further, as investors continue to monitor developments on trade. President Trump declared Tuesday that talks on the first phase of a deal were nearly done after negotiators from both sides spoke by telephone. Currently, the TSX is up 0.11% while the DJIA is up 0.03%. EURCAD is down 0.12% trading between 1.4584 and 1.4631. GBPCAD is up 0.24% trading between 1.7021 and 1.7113. JPYCAD is down 0.16% trading between 0.01213 and 0.01216. Gold is down 0.38% trading between $1,453 and $1,461USD/oz while silver is down 0.56% trading between $16.93 and $17.09. Oil (WTI crude) is down 0.75% trading between $57.95 and $58.66.