USDCAD spot rate: 1.2820 - 1.2825 (as at 8:16am PST)
Ranges: | Asia: | 1.2782 | to | 1.2812 |
Europe: | 1.2769 | to | 1.2819 | |
North America: | 1.2795 | to | 1.2827 |
Technical Support / Resistance:
S2 | S1 | R1 | R2 |
1.2700 | 1.2750 | 1.2830 | 1.2880 |
Key Economic Data Releases:
- U.S. Initial jobless claims 233k (235k exp.) 223k previous
Key Event Calendar:
Date | Canada | U.S.A. |
Oct 27 | GDP (Q3), consumer sentiment index |
U.S. stock indexes climbed amid a raft of robust earnings reports and ongoing speculation about the Federal Reserve's next leader. The euro fell after the European Central Bank met market expectations for reducing its bond purchase program. The CAD dollar remains range bound after yesterdays beating. Currently, the TSX is up 0.14% and the DOW is up 0.50%. EURCAD is down 0.75% trading between 1.5000 and 1.5145. GBPCAD is down 0.75% trading between 1.6872 and 1.6995. JPYCAD is down 0.13% trading between 0.01124 and 0.01127. Gold is down 0.30% trading between $1,272 and $1,282USD/oz., silver is down 0.35% trading between $16.84 and $17.03USD/oz., while oil is down 0.25% trading between $52.00 and $52.30.
Sources: Reuters, Bloomberg, FXStreet, RBC Capital Markets, Bank of Canada, U.S. Federal Reserve, CNBC, Forexlive, CME Group