Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver July 7, 2020


USDCAD spot rate: 1.3570 - 1.3575 (as at 6:49am PST)

Ranges:

Asia:

1.3525

to

1.3557

Europe:

1.3545

To

1.3589

North America:

1.3510

to

1.3585

Technical Support / Resistance:

S2

S1

R1

R2

1.3435

1.3485

1.3589

1.3620

Key Economic Data Releases:

- No major data releases

Event Calendar:

Date

Canada

U.S.A.

July 8

July 9

July 10

Housing starts

Housing price index

Net employment change, unemployment rate

EIA crude oil stocks change

Initial jobless claims

Producer price index

U.S. stocks dropped, joining a global slump, as investors turned their focus to signs that the world economy has a long way to go to get back on track.

The S&P 500 Index snapped a five-day winning streak, with hotels, airlines and other companies dependent on the end to coronavirus lockdowns faring poorly. European shares fell as officials warned the economy will take longer to recover and Germany reported weaker-than-expected industrial data.

Currently the TSX is down 0.45% and the DJIA is down 0.69%. EURCAD is up 0.13% trading between 1.5284 and 1.5345. GBPCAD is up 0.78 trading between 1.6914 and 1.7030. JPYCAD is up 0.08% trading between 0.01258 and 0.01262. Gold is down 0.28% trading between $1,773 - $1,787USD/oz. Silver is down 0.82% trading between $17.98 - $18.36. Oil (WTI crude) is down .58% trading between $39.92 - $40.80.

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