Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver June 25, 2020

USDCAD spot rate: 1.3625 - 1.3630 (as at 6:47am PST)

Technical Support / Resistance:

Key Economic Data Releases:

- U.S. GDP Q1 1.6% (1.4% exp.) 1.6% previous

- U.S. durable goods orders 15.8% (10.9% exp.) -18.1% previous

- U.S. Initial jobless claims 1480k 1300k exp.) 1540k previous

Event Calendar:

Stocks were mostly lower Thursday morning as investors digested a slew of new economic data reports, including new weekly jobless claims and May durable goods orders.

New unemployment claims came in at 1.48 million for the week ending June 20, marking the fourteenth straight week that claims held above one million. Consensus economists had expected new claims to total 1.32 million. Since mid-March, new jobless claims totaled more than 47 million.

Currently the TSX is down 1.50% and the DJIA is down 0.32%. EURCAD is down 0.39% trading between 1.5264 and 1.5351. GBPCAD is down 0.09% trading between 1.6922 and 1.6987. JPYCAD is down 0.31% trading between 0.01269 and 0.01275. Gold is up 0.37% trading between $1,755 - $1,768USD/oz. Silver is up 0.96% trading between $17.44 - $17.73. Oil (WTI crude) is down 0.68% trading between $37.1 - $38.5.