Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver October 20, 2020

USDCAD spot rate: 1.3180- 1.3185 (as at 6:08am PST)

Technical Support / Resistance:

Key Economic Data Releases:

- U.S. Building permits 1.553M (1.52M exp.) 1.476M previous

- U.S. Housing Starts 1.415M (1.457M exp.) 1.388M previous

Event Calendar:

Global stock markets were subdued on Tuesday as hopes faded that the U.S. will come through with badly needed aid for the economy before the presidential election.

U.S. shares have recovered only part of Monday's losses, with Dow and S&P 500 both up 0.6%.

In Europe, France's CAC 40 gained 02% to 4,952, while Germany's DAX slipped 0.4% to 12,801. Britain's FTSE 100 edged up 0.2% to 5,894. Rising coronavirus caseloads are dragging on sentiment as investors consider the likelihood of further business shutdown

Currently, the TSX is up 0.08% and the DJIA us up 0.60%. EURCAD is up 0.27% trading between 1.5510 and 1.5580. GBPCAD is down 0.38% trading between 1.7027 and 1.7110. JPYCAD is down 0.32% trading between 0.01246 and 0.01250. Gold is up 0.24% trading between $1,894 - $1,908USD/oz while silver is up 1.11% trading between $24.31 - $24.69. Oil (WTI crude) is down 0.39% trading between $40.65 - $41.32.