Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver August 4, 2020


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.

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.