USDCAD spot rate: 1.3150 - 1.3155 (as at 6:28am PST)
Ranges: | Asia: | 1.3155 | to | 1.3187 |
Europe: | 1.3135 | To | 1.3170 | |
North America: | 1.3140 | to | 1.3165 |
Technical Support / Resistance:
S2 | S1 | R1 | R2 |
1.3100 | 1.3135 | 1.3200 | 1.3260 |
Key Economic Data Releases:
- New York mfg. index 17 (6 exp.) 3.7 previous
- Canadian mfg. sales 7% (8.7% exp.) 23% previous
Event Calendar:
Date | Canada | U.S.A. |
Sept 16 Sept 17 Sept 18 | CPI Retail sales | Retail sales, Fed interest rate / economic projections Housing starts, jobless claims Consumer sentiment index |
U.S. equities advanced with European stocks after data from China and Germany showed the economic recovery is gaining traction. The dollar weakened for a third day, while crude oil rose.
The offshore yuan climbed to the highest level in a year and stocks in Shanghai advanced on evidence that China is accelerating out of the virus slump. Retail sales rose for the first time this year in August and industrial production expanded.
Currently, the TSX is up 0.80% while the DJIA is up 0.90%. EURCAD is up 0.05% trading between n 1.5612 and 1.5650. GBPCAD is up 0.20% trading between 1.6881 and 1.6999. JPYCAD is up 0.70% trading between 0.01242 and 0.01248. Gold is up 0.55% trading between $1,955 - $1,972USD/oz. Silver is up 0.90% trading between $27.11 - $27.62. Oil (WTI crude) is up 0.90% trading between $37.07 - $38.01.