USDCAD spot rate: 1.2500 - 1.2505 (as at 8:24am PST)
Ranges: | Asia: | 1.2512 | to | 1.2538 |
Europe: | 1.2490 | to | 1.2530 | |
North America: | 1.2495 | to | 1.2510 |
Technical Support / Resistance:
S2 | S1 | R1 | R2 |
1.2400 | 1.2480 | 1.2554 | 1.2595 |
Key Economic Data Releases:
- No economic releases
Key Event Calendar:
Date | Canada | U.S.A. |
Oct 4 Oct 5 Oct 6 | Trade balance Employment change / unemployment rate, Ivey PMI | ADP employment, ISM non-mfg. PMI Trade balance Non-farm payrolls, unemployment rate, average hourly earnings |
World shares hit their latest in a run of record highs on Tuesday, while the dollar was at it loftiest in 1-1/2 months as encouraging U.S. data lifted it in tandem with global bond yields. MSCI's 47-country 'All-World' index which contains more than 2,400 firms was pushed to the fresh peak as Europe's main bourses added to gains made in Asia and after Wall Street set its own record close again overnight. It was the tenth new high since late July alone and extends the year's blizzard of records that started in February to more than 40 with no sign it is about to run out of steam yet. Currently, the TSX is up 0.19% while the DOW is up 0.27%. EURCAD is up 0.11% trading between 1.4657 and 1.4720. GBPCAD is down 0.25% trading between 1.6537 and 1.6636. JPYCAD is down 0.10% trading between 0.01105 and 0.01110. Gold is up 0.96% trading between $1,268 and $1,273USD/oz., silver is up 0.51% trading between $16.53 and $16.65USD/oz., while oil is up .22% trading between $50.23 and $50.66.
Sources: Reuters, Bloomberg, FXStreet, RBC Capital Markets, Bank of Canada, U.S. Federal Reserve, CNBC, Forexlive, CME Group