USDCAD spot rate: 1.3140 - 1.3145 (as at 7:49am PST)
Ranges: | Asia: | 1.3136 | to | 1.3168 |
Europe: | 1.3103 | to | 1.3143 | |
North America: | 1.3094 | to | 1.3149 |
Technical Support / Resistance:
S2 | S1 | R1 | R2 |
1.3050 | 1.3095 | 1.3170 | 1.3205 |
Key Economic Data Releases:
- US Initial jobless claims 234k (250k exp.) 246k previous
Key Event Calendar:
Date | Canada | U.S.A. |
Feb. 10 | Employment change, unemployment rate | Consumer sentiment index |
World Stocks rose on Thursday and yields fell on some of the euro zone's battered low-rated bonds as investors put aside the political risks that have dominated markets this week. In a difficult start to the year, investors are pondering the impact of a new U.S. president, an unpredictable European electoral calendar and a potential winding-down of the central bank stimulus that has lifted risky assets across the globe. Rising oil prices pushed energy company shares higher on a busy day of corporate earnings while Asian stocks hit their highest in more than 18 months. The pan-European STOXX 600 index rose 0.4 per cent. MSCI's broadest index of Asia-Pacific shares outside Japan gained 0.3 per cent to their highest since July 2015 with Hong Kong, Taiwan and China among the region's best performing markets. US initial jobless claims were much lower than expected, adding to confidence that the labour market will soon experience more wage inflation. Currently, the TSX is up .37% and the DJIA is up 0.22% . EURCAD is down 0.32% trading between 1.3996 and 1.4068. GBPCAD is down 0.13% trading between 1.6445 and 1.6520. JPYCAD is down 0.77% trading between 0.01164 and 0.01175. Gold is down 0.17% trading between $1,234 and $1,244USD/oz., silver is down 0.52% trading between $17.71 and $17.85USD/oz., while oil is up 1.27% trading between $52.36 and $53.19.