Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver February 4, 2020
USDCAD spot rate: 1.3275 - 1.3280 (as at 7:25am PST)
| Ranges: | Asia: | 1.3285 | to | 1.3301 |
| Europe: | 1.3267 | To | 1.3294 | |
| North America: | 1.3272 | to | 1.3289 |
Technical Support / Resistance:
| S2 | S1 | R1 | R2 |
| 1.3150 | 1.3190 | 1.3320 | 1.3270 |
Key Economic Data Releases:
- No major data releases
Event Calendar:
| Date | Canada | U.S.A. |
| Feb. 5 Feb. 6 Feb. 7 | Int'l merchandise trade Net employment change, unemployment rate, Avg. hourly wages, Ivey PMI | ADP employment change, trade balance Non-farm payrolls, unemployment rate, Avg. hourly earnings |
U.S. stocks rallied with crude and copper, while Treasuries plunged as investors speculated the global economy can withstand the impact from the still-spreading coronavirus after China's market sell-off eased. The S&P 500 headed for its best two-day surge since October, with 10 of 11 main groups advancing Tuesday. European equities jumped 1.5% and emerging-market shares rallied the most in five months. The risk-on mood gained steam after Shanghai stocks rebounded from a record $720 billion wipeout and the offshore yuan recouped the previous session's decline. Treasuries slipped with gold. Oil jumped back over $50 a barrel and copper looked to halt a 14-day retreat.Currently, the TSX and the DJIA are up 0.85% and 1.53% respectively. EURCAD is down 0.27% trading between 1.4654 and 1.4711. GBPCAD is up 0.05% trading between 1.7193 and 1.7323. JPYCAD is down 0.66% trading between 0.01214 and 0.01224. Gold is down 1.35% trading between $1,556 and $1,579USD/oz. Silver is down 0.55% trading between $17.61 and $17.78. Oil (WTI crude) is up 1.20% trading between $49.90 and $51.40.
Follow us
Disclaimer
The information and opinions contained herein are gathered from sources which are thought to be reliable but the reader should not assume that the information and opinions are official or final. VBCE makes no warranty concerning the accuracy of the information and opinions, and accepts no liability for the consequences of any actions taken on the basis of the information and opinions provided. The content is for general information only and does not constitute in anyway giving financial advice.
