Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver August 18, 2020


USDCAD spot rate: 1.3165 - 1.3170 (as at 6:19am PST)

Ranges:

Asia:

1.3187

to

1.3223

Europe:

1.3165

To

1.3190

North America:

1.3152

to

1.3177

Technical Support / Resistance:

S2

S1

R1

R2

1.3100

1.3150

1.3227

1.3300

Key Economic Data Releases:

- U.S. Building permits 1.495M (1.320M exp.) 1.258M previous

- U.S. Housing starts 1.496M (1.240M exp.) 1.220M previous

Event Calendar:

Date

Canada

U.S.A.

Aug 19

Aug 20

Aug 21

CPI

Retail sales, new housing price index

Crude oil stocks change, FOMC minutes

Jobless claims, Philly Fed mfg. survey

Markit mfg. PMI, existing home sales

U.S. home construction starts increased in July by more than forecast and applications to build surged by the most in three decades, indicating builders are responding to robust housing demand fueled by record-low interest rates.

Residential starts jumped by 22.6%, the most since October 2016, to a 1.5 million annualized rate from a month earlier, according to a government report released Tuesday. That compared with the median forecast in a Bloomberg survey of 1.25 million and followed an upwardly revised 1.22 million in June.

Currently, the TSX is up 0.38% and the DJIA is up 0.14%. EURCAD is up 0.22% trading between 1.5650 and 1.5722. GBPCAD is up 0.23% trading between 1.7311 and 1.7368. JPYCAD is up 0.08% trading between 0.01245 and 0.01249. Gold is up 1.5% trading between $1,980 $2,014USD/oz. Silver is up 3.72% trading between $27.26 - $28.43. Oil (WTI crude) is down 0.41% trading between $42.50 - $43.00.

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.