Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver October 29, 2020
USDCAD spot rate: 1.3375 - 1.3380 (as at 6:14am PST)
| Ranges: | Asia: | 1.3300 | to | 1.3320 |
| Europe: | 1.3278 | To | 1.3330 | |
| North America: | 1.3310 | to | 1.3385 |
Technical Support / Resistance:
| S2 | S1 | R1 | R2 |
| 1.3080 | 1.3250 | 1.3390 | 1.3270 |
Key Economic Data Releases:
- U.S. GDP Q3 3.7% (2.8% exp.) -2.1% previous
- U.S. Initial jobless claims 751k (775k exp.) 791k previous
Event Calendar:
| Date | Canada | U.S.A. |
| Oct 30 | GDP (Aug) | Personal income / spending, Chicago PMI |
Stocks were slightly higher Thursday morning after the three major indices endured a deep rout a day earlier. Investors also digested a record surge in third-quarter GDP after a historic slump earlier this year, and another weekly report on jobless claims that came in better-than-expected. A slew of corporate earnings results also loom.
Currently, the TSX is down44 0.24% and the DJIA is up 0.26%. EURCAD is up 0.23% trading between 1.5592 and 1.5651. GBPCAD is up 0.30% trading between 1.7272 and 1.7350. JPYCAD is up 0.75% trading between 0.01271 and 0.01282. Gold is dow 0.73% trading between $1,863 - $1,884USD/oz while silver is down 2.56% trading between $22.57 - $23.51. Oil (WTI crude) is down 5.70% trading between $35.39 - $37.72.
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