Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver July 28, 2020


USDCAD spot rate: 1.3375 - 1.3380 (as at 6:39am PST)

Ranges:

Asia:

1.3371

to

1.3421

Europe:

1.3371

To

1.3399

North America:

1.3366

to

1.3405

Technical Support / Resistance:

S2

S1

R1

R2

1.3300

1.3330

1.3410

1.3475

Key Economic Data Releases:

- No data releases current

Event Calendar:

Date

Canada

U.S.A.

July 29

July 30

July 31

Industrial product price, GDP

Pending home sales, Fed Interest rate decision

Jobless claims, GDP

Stocks fell Tuesday morning, with stimulus talks in Washington, updates on the Covid-19 vaccine front and corporate earnings results front and center.

After market close Monday, Senate Republicans led by Majority Leader Mitch McConnell announced the HEALS Act, or proposal for a new stimulus bill to help individuals impacted by the economic fallout from the coronavirus pandemic.

The Health, Economic Assistance, Liability Protection, and Schools Act includes a second stimulus check worth up to $1,200 for the same group of Americans as the last round. Also, it will extend enhanced unemployment assistance at a lowered rate of $200 per week, down from $600 per week previously, until states could deliver a replacement worth about 70% of lost wages.

Currently, the TSX is up 0.74% and the DJIA up 0.41%. EURCAD is down 0.03% trading between 1.5656 and 1.5718. GBPCAD is up 0.23% trading between 1.7175 and 1.7266. JPYCAD is up 0.70% trading between 0.01264 and 0.01273. Gold is down 1.16% trading between $1,906 - $1,981USD/oz. Silver is down 0.75% trading between $22.27 - $26.18. Oil (WTI crude) is down 0.67% trading between $41.26 - $41.92.

B90fe1ad36

Follow us




Follow us on Twitter @vbcefx


Disclaimer


The information and opinions contained herein are gathered from sources which are thought to be reliable but the reader should not assume that the information and opinions are official or final. VBCE makes no warranty concerning the accuracy of the information and opinions, and accepts no liability for the consequences of any actions taken on the basis of the information and opinions provided. The content is for general information only and does not constitute in anyway giving financial advice.