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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