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.