USDCAD spot rate: 1.3410 - 1.3415 (as at 6:40am PST)
Ranges: | Asia: | 1.3407 | to | 1.3435 |
Europe: | 1.3405 | To | 1.3435 | |
North America: | 1.3409 | to | 1.3436 |
Technical Support / Resistance:
S2 | S1 | R1 | R2 |
1.3333 | 1.3360 | 1.3460 | 1.3500 |
Key Economic Data Releases:
-No data releases at time of report
Event Calendar:
Date | Canada | U.S.A. |
Aug 5 Aug 6 Aug 7 | Int'l merchandise trade Net employment change, unemployment rate, Ivey purchasing managers index | ADP employment change, trade balance Jobless claims Non-farm payrolls, unemployment rate |
U.S. equities declined with stocks in Europe after a string of poor earnings illustrated the continuing hit from the pandemic.
American International Group Inc. fell in the U.S. pre-market after posting a $7.9 billion loss after Monday's close. Diageo Plc tumbled in London when the drinks giant provided no 2021 guidance. Bayer AG dropped after downgrading its sales outlook. Bonds climbed and the dollar turned higher against its biggest peers.
Currently, the TSX is up 0.30%. The DJIA is down 0.30%. EURCAD is down 0.10% trading between 1.5730 and 1.5785. GBPCAD is down 0.55% trading between 1.7414 and 1.7527. JPYCAD is up 0.20% trading between 0.01259 and 0.01264. Gold is down 0.15% trading between $1,966 - $1,978USD/oz. Silver is up 025% trading between $24.13 - $24.45. Oil (WTI crude) is down 1.75% trading between $40.19 - $41.00.