Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver October 6, 2020


USDCAD spot rate: 1.3260 - 1.3265 (as at 6:04am PST)

Ranges:

Asia:

1.3242

to

1.3262

Europe:

1.3254

To

1.3273

North America:

1.3248

to

1.3270

Technical Support / Resistance:

S2

S1

R1

R2

1.3200

1.3240

1.3280

1.3420

Key Economic Data Releases:

- U.S. trade balance -67.1B (-66.1B exp.) -63.4B previous

- Canadian Int'l merchandise trade -2.45B (-2.0B exp.) -2.53B previous

Event Calendar:

Date

Canada

U.S.A.

Oct 7

Oct 8

Oct 9

Ivey PMI

BOC Macklem speech

Net employment change, unemployment rate

FOMC minutes

Jobless claims

Stocks traded flat Tuesday morning, as investors digested a number of developments around President Donald Trump's health and considered a moving target of possible election outcomes and prospects for further fiscal stimulus.

The S&P 500 hugged the flat line, after the blue-chip index closed at its highest level in nearly one month during the regular session on Monday. The energy sector led the advance as a risk-on mood sent crude oil prices sharply higher.

Currently, the TSX and the DJIA are unchanged. EURCAD is up 0.05% trading between 1.5606 and 1.5646. GBPCAD is down 0.31% trading between 1.7132 and 1.7247. JPYCAD is up 0.25% trading between 0.01252 and 0.01256. Gold is up 1.12% trading between $1,906 - $1,919USD/oz while silver is down 0.36% trading between $24.19 - $24.50. Oil (WTI crude) is up 1.99% trading between $39.13 - $40.35.

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