New Retail Summer Hours! Effective June 2, 2018 South Granville & Richmond Branches - Monday - Friday 9am-5pm; Saturdays 9:30am - 4:30pm | Downtown Monday - Friday 8:30am - 5pm.
×

Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver March 1, 2018

USDCAD spot rate: 1.2850 - 1.2855 (as at 8:08am PST)

Ranges:

Asia:

1.2726

to

1.2855

Europe:

1.2739

to

1.2866

North America:

1.2736

to

1.2862

Technical Support / Resistance:

S2

S1

R1

R2

1.2750

1.2800

1.2870

1.2900

Key Economic Data Releases:

- Canada Markit mfg PMI 55.6 (55.8 exp.) 55.9 previous

- U.S. ISM 60.8 (58.7 exp.) 59.1 previous

- U.S. Marki mfg. pmi 55.3 (55.9 exp.) 55.9 previous

- U.S. core PCE price index 0.3% (0.3% exp.) 0.2% previous

Event Calendar:

Date

Canada

U.S.A.

Mar. 2

GDP (Dec) / GDP Q4 annualized

Consumer sentiment index

The U.S. stock market opened lower Thursday ahead of Fed Chair Jerome Powell's testimony before the Senate Banking Committee. In the last session, shares saw early gains slide away, finishing up a losing month for stocks with a down day. February snapped a 10-month winning streak for the Dow. In fact, the month was the worst for both the Dow and S&P since January 2016. Meanwhile Foreign direct investment into Canada plunged last year to the lowest since 2010, hampered by an exodus of capital from the nation's oil patch and worries about the fate of the North American Free Trade Agreement. Currently, the TSX is down 0.52% and the DOW is down 0.05%. EURCAD is up 0.01% trading between 1.55610 and 1.5673. GBPCAD is up 0.08% trading between 1.7639 and 1.7696. JPYCAD is down 0.37% trading between 0.01200 and 0.01205. Gold is down 0.98% trading between $1,304 and $1,317USD/oz., silver is down 1.21% trading between $16.15 and $16.42USD/oz., while oil is down 1.90% trading between $60.61 and $61.82.

Sources: Reuters, Bloomberg, FXStreet, RBC Capital Markets, Bank of Canada, U.S. Federal Reserve, CNBC, Forexlive, CME Group


083e3d7a6b

Follow us




Follow us on Twitter @vbcefx


Disclaimer


The information and opinions contained herein are gathered from sources which are thought to be reliable but the reader should not assume that the information and opinions are official or final. VBCE makes no warranty concerning the accuracy of the information and opinions, and accepts no liability for the consequences of any actions taken on the basis of the information and opinions provided. The content is for general information only and does not constitute in anyway giving financial advice.