Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver February 20, 2020
USDCAD spot rate: 1.3240 - 1.3245 (as at 7:25am PST)
| Ranges: | Asia: | 1.3211 | to | 1.3240 |
| Europe: | 1.3225 | To | 1.3257 | |
| North America: | 1.3237 | to | 1.3265 |
Technical Support / Resistance:
| S2 | S1 | R1 | R2 |
| 1.3150 | 1.3190 | 1.3280 | 1.3320 |
Key Economic Data Releases:
- Philly Fed 36.7 (12.0 exp.) 17.0 previous
- U.S. Initial jobless claims 210k (210k exp.) 206k previous
Event Calendar:
| Date | Canada | U.S.A. |
| Feb. 21 | Retail sales | Markit mfg / services PMI, existing homes sales, Fed Monetary Policy Report |
U.S. equities fluctuated as investors mulled how the coronavirus's spread beyond China will affect corporate earnings. The dollar jumped and gold traded at 7 year highs as investors sought havens.The S&P 500 Index was little changed after Japan reported two deaths and South Korea confirmed its first fatality from the disease, even as China reported a slowdown in new cases
Currently, the TSX is up 0.01% while the DJIA is up 0.02%. EURCAD is up 0.22% trading between 1.4269 and 1.4340. GBPCAD is down 0.30% trading between 1.7018 and 1.7127. JPYCAD is down 0.50% trading between 0.01179 and 0.01189. Gold is up 0.35% trading between $1,603 and $1,619USD/oz. Silver is down 0.21% trading between $18.22 and $18.43. Oil (WTI crude) is up 1.11% trading between $53.45 and $54.18.
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