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

USDCAD spot rate: 1.3040 - 1.30454 (as at 5:58am PST)

Technical Support / Resistance:

Key Economic Data Releases:

- No major data releases

Event Calendar:

Stocks were mixed Tuesday morning as investors reined in an initial wave of optimism over a promising vaccine candidate. Tech shares remained under pressure, and the Nasdaq dipped more than 1%.

News that a Pfizer (PFE) and BioNTech's (BNTX) vaccine candidate was more than 90% effective in preventing COVID-19 in patients in its clinical trial helped fuel a market rally earlier on Monday. During the regular session, the S&P 500 and Dow rocketed to intraday records, with the latter index adding as many as 1,610 points, or 5.7% at session highs. However, both indices pared some gains into market close and we have a market that is unsure at the open.

Currently, the TSX is up 0.05% and the DJIA is up 0.26%. EURCAD is up 0.03% trading between 1.5342 and 1.5414. GBPCAD is up 0.70% trading between 1.7123 and 1.7284. JPYCAD is up 0.24% trading between 0.01234 and 0.01240. Gold is up 0.26% trading between $1,867 - $1,890 USD/oz while silver is down 0.32% trading between $23.89 - $24.41. Oil (WTI crude) is up 0.54% trading between $39.53 - $41.02.