USDCAD spot rate: 1.3565 - 1.3570 (as at 6:47am PST)
Ranges: | Asia: | 1.3590 | to | 1.3605 |
Europe: | 1.3575 | To | 1.3611 | |
North America: | 1.3564 | to | 1.3600 |
Technical Support / Resistance:
S2 | S1 | R1 | R2 |
1.3480 | 1.3550 | 1.3711 | 1.3750 |
Key Economic Data Releases:
- Canadian Int'l merchandise trade -.68B (-3.0B exp.) -4.27B previous
- U.S. Non-farm payrolls 4800k (3000k exp.) 2699K previous
- U.S. Initial jobless claims 1427k (1355k exp.) 1482k previous
Event Calendar:
Date | Canada | U.S.A. |
July 3 |
U.S. stocks climbed after better-than-estimated jobs data indicated an economic rebound from the sharpest contraction on record. Treasuries and the dollar fell.
The S&P 500 extended its weekly gain as a government report showed payrolls rose by 4.8 million in June after an upwardly revised 2.7 million gain in the prior month. The unemployment rate fell to 11.1%. Economic-sensitive companies such as retailers and airlines jumped. Tesla Inc. surged after reporting deliveries that beat the average analyst estimate.
The TSX is up 0.34% and the DJIA is up 1.48%. EURCAD is up 0.23% trading between 1.5288 and 1.5355. GBPCAD is up 0.07% trading between 1.6939 and 1.7026. JPYCAD is down 0.39% trading between 0.01260 and 0.01266. Gold is down 0.27% trading between $1,775 - $1,774USD/oz. Silver is down 0.74% trading between $17.75 - $18.01. Oil (WTI crude) is up 1.20% trading between $39.54 - $40.43.