Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver January 23, 2020


USDCAD spot rate: 1.3050 - 1.3055 (as at 7:25am PST)

Ranges:

Asia:

1.3141

to

1.3167

Europe:

1.3155

To

1.3172

North America:

1.3142

To

1.3167

Technical Support / Resistance:

S2

S1

R1

R2

1.3000

1.3135

1.3195

1.3230

Key Economic Data Releases:

- U.S. Initial jobless claims 211k (215k exp.) 205k previous

Event Calendar:

Date

Canada

U.S.A.

Jan. 24

Retail sales

Markit manufacturing / services PMI

Stocks from New York to London to Shanghai slumped Thursday, as China grappled with a worsening viral outbreak that led investors to reassess the potential economic fallout world-wide. A number of Cities in China put in SEVERE travel restrictions. Markets are now preparing for potential worse news ahead.

Currently, the TSX is down 0.24% and the DJIA is down 0.42%. EURCAD is down 0.15% trading between 1.4535 and 1.4614. GBPCAD is down 0.22% trading between 1.7220 and 1.7306. JPYCAD is up 0.35% trading between 0.01197 and 0.01202. Gold is down 0.36% trading between $1,551 and $1,564USD/oz. Silver is down 0.55% trading between $17.60 and $17.89. Oil (WTI crude) is down 3.03% trading between $54.92 and $56.15.

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