Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver January 28, 2020


USDCAD spot rate: 1.3180 - 1.3185 (as at 7:27am PST)

Ranges:

Asia:

1.3185

to

1.3196

Europe:

1.3180

To

1.3206

North America:

1.3180

to

1.3204

Technical Support / Resistance:

S2

S1

R1

R2

1.3080

1.3138

1.3210

1.3270

Key Economic Data Releases:

- U.S. Durable Goods orders 2.4% (0.5% exp.) -0.5% previous

Event Calendar:

Date

Canada

U.S.A.

Jan. 29

Jan. 30

Jan. 31

GDP (Nov)

Fed interest rate decision

GDP Q4, GDP price index

U.S. stocks stabilized as investors monitored efforts to contain a deadly virus outbreak in China, though bond markets briefly flashed a recession signal for the first time since October. Meanwhile the market is shifting its attention to tomorrows U.S. Federal Reserve interest rate decision.

Currently, the TSX is up 0.13% and the DJIA is up 0.40%. EURCAD is down 0.19% trading between 1.4495 and 1.4552. GBPCAD is down 0.09% trading between 1.7123 and 1.7231. JPYCAD is down 0.20% trading between 0.01208 and 0.01213. Gold is down 0.50% trading between $1,571 and $1,583USD/oz. Silver is down 1.73% trading between $17.66 and $18.11. Oil (WTI crude) is up 0.07% trading between $52.70 and $53.57.

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