Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver February 18, 2020


USDCAD spot rate: 1.3260 - 1.3265 (as at 7:25am PST)

Ranges:

Asia:

1.3255

to

1.3269

Europe:

1.3238

To

1.3258

North America:

1.3236

to

1.3258

Technical Support / Resistance:

S2

S1

R1

R2

1.3190

1.3230

1.3280

1.3320

Key Economic Data Releases:

- NY Empire state mfg. index 12.9 (5.0 exp.) 4.8 previous

- CAD mfg. sales -0.7% (0.5% exp.) -1.0% previous

Event Calendar:

Date

Canada

U.S.A.

Feb. 19

Feb. 20

Feb. 21

CPI

ADP employment, new housing price

Retail sales

Housing starts, building permits

Philly Fed mfg., jobless claims

Markit mfg / services PMI, existing homes sales, Fed Monetary Policy Report

Stocks took a pause from record levels as the market is still coming to grips with the true effect of the Coronovirus on World economies. Meanwhile Canadian manufacturing sales unexpectedly sank in December, a disappointing end to an already weak year for the sector.Factory shipments were down 0.7% from November, the fourth straight monthly decline for the indicator, driven by a sharp drop in motor vehicle sales, Statistics Canada reported Tuesday in Ottawa. Economists had predicted sales would rebound by 0.7%.Currently, the TSX is down 0.11% while the DJIA is down 0.35%. EURCAD is down 0.05% trading between 1.4309 and 1.4371. GBPCAD is up 0.30% trading between 1.7181 and 1.7306. JPYCAD is up 0.15% trading between 0.01204 and 0.01209. Gold is up 0.33% trading between $1,584 and $1,593USD/oz. Silver is up 0.86% trading between $17.80 and $18.00. Oil (WTI crude) is down 1.75% trading between $50.90 and $51.99.

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