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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