Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver January 22, 2020
USDCAD spot rate: 1.3050 - 1.3055 (as at 6:55am PST)
| Ranges: | Asia: | 1.3080 | to | 1.3092 |
| Europe: | 1.3065 | To | 1.3085 | |
| North America: | 1.3037 | To | 1.3060 |
Technical Support / Resistance:
| S2 | S1 | R1 | R2 |
| 1.3000 | 1.3035 | 1.3095 | 1.3130 |
Key Economic Data Releases:
- Bank of Canada release
Event Calendar:
| Date | Canada | U.S.A. |
| Jan. 23 Jan. 24 | Retail sales | Jobless claims, crude oil stocks change Markit manufacturing / services PMI |
U.S. stocks gained on speculation the repository illness that emerged from China won't be as bad as initially feared and as better than expected corporate earnings lifted optimism. The dollar edged lower and oil fell. Meanwhile Canadian markets have their eye on The Bank of Canada release today.
Currently, the TSX is down 0.14% and the DJIA is up 0.32%. EURCAD is down 0.15% trading between 1.4452 and 1.4507. GBPCAD is up 0.52% trading between 1.7050 and 1.7163. JPYCAD is down 0.75% trading between 0.01185 and 0.01191. Gold is up 0.36% trading between $1,550 and $1,559USD/oz. Silver is up 0.75% trading between $17.69 and $17.92. Oil (WTI crude) is down 2.03% trading between $57.16 and $58.30.
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