USDCAD spot rate: 1.3355 - 1.3360 (as at 8:30am PST)
Ranges: | Asia: | 1.3315 | to | 1.3336 |
Europe: | 1.3314 | to | 1.3374 | |
North America: | 1.3350 | to | 1.3364 |
Technical Support / Resistance:
S2 | S1 | R1 | R2 |
1.3250 | 1.3310 | 1.3375 | 1.3400 |
Key Economic Data Releases:
-U.S. Building permits 1.260M (1.250M exp.) 1.216 M previous
-U.S. Housing starts 1.215M (1.250M exp.) 1.303M previous
Key Event Calendar:
Date | Canada | U.S.A. |
Apr. 19 Apr. 20 Apr. 21 | Retail sales, consumer price index | Crude oil inventories Jobless claims Existing home sales |
European shares fell and the dollar dipped against the yen on Tuesday as tensions over North Korea and the coming weekend's knife-edge presidential election in France, and the surprise snap election call this morning in Britain by Prime Minister Theresa May (hoping to get a strong mandate for Brexit negotiations), kept investors nervous. Low-risk government debt, a favoured investment in uncertain times, was in demand, while gold held firm close to five-month highs touched on Monday, the day after a failed ballistic missiles test by Pyongyang. With market activity reduced in the past week due to Easter holidays, investors have focused on political factors that also include Syria and U.S. relations with Russia and China.
Currently, the TSX is down 0.32%% while the DOW is down 0.22%. EURCAD is up 0.75% trading between 1.4174 and 1.4297. GBPCAD is up 1.37% trading between 1.6704 and 1.703. JPYCAD is up 0.72% trading between 0.01221 and 0.01229. Gold is down 0.15% trading between $1,279 and $1,287USD/oz., silver is down 1.10% trading between $18.08 and $18.43USD/oz., while oil is down 0.02% trading between $52.17 and $52.83.