Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver October 1, 2020


USDCAD spot rate: 1.3285 - 1.3290 (as at 6:15am PST)

Ranges:

Asia:

1.3285

to

1.3317

Europe:

1.3280

To

1.3310

North America:

1.3282

to

1.3305

Technical Support / Resistance:

S2

S1

R1

R2

1.3140

1.3250

1.3350

1.3490

Key Economic Data Releases:

- U.S. Initial Jobless Claims 837k (850k exp.) 873k previous

Event Calendar:

Date

Canada

U.S.A.

Oct 2

Non-farm payrolls, unemployment rate, average hourly earnings, consumer sentiment index

Stocks moved higher Thursday morning heading into the first session of October and the fourth quarter, supported by expectations that Washington could provide more stimulus money for a recovery that may be losing momentum. Oil dropped and precious metals moved higher.

Currently, the TSX is up 0.05% and the DJIA is up 1.53%. EURCAD is up 0.14% trading between 1.5585 and 1.5639. GBPCAD is up 0.42% trading between 1.7045 and 1.7240. JPYCAD is down 0.60% trading between 0.01258 and 0.01261. Gold is up 0.97% trading between $1,884 - $1,909USD/oz while silver is up 1.83% trading between $23.21 - $23.90. Oil (WTI crude) is down 1.43% trading between $39.40 - $40.45.

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