USDCAD spot rate: 1.3075 - 1.3080 (as at 7:58am PST)
Ranges: | Asia: | 1.3044 | to | 1.3073 |
Europe: | 1.3052 | to | 1.3085 | |
North America: | 1.3064 | to | 1.3095 |
Technical Support / Resistance:
S2 | S1 | R1 | R2 |
1.2940 | 1.3000 | 1.3100 | 1.3150 |
Key Economic Data Releases:
- Canada wholesale sales 0.1% (0.0% exp.) -0.5% previous
Event Calendar:
Date | Canada | U.S.A. |
Mar. 20 Mar. 21 Mar. 22 Mar. 23 | Wholesale sales Retail sales, CPI | Fed interest rate decision, economic projections Housing price index, Markit manufacturing PMI Durable goods orders, new home sales |
U.S. stocks opened higher as investors looked past Facebook Inc.'s mounting data crisis, while government bond yields climbed as investors braced for higher U.S. borrowing rates.Facebook fell for s second day after Bloomberg News reported that the U.S. Federal Trade Commission is probing the company over whether it violated terms of a consent decree over its use of personal data, according to a person familiar with the matter. Also President Donald Trump is expected to announce up to 60 billion dollars in tariffs against a wide range of Chinese products. Currently, the TSX and the DJIA are up 0.14% and 0.40% respectively. EURCAD is down 0.4% trading between 1.6020 and 1.6153. GBPCAD is unchanged trading between 1.8272 and 1.8380. JPYCAD is down 0.90% trading between 0.01225 and 0.01234. Gold is down 0.50% trading between $1,308 and $1,317USD/oz., silver is down 1% trading between $16.18 and $16.35USD/oz., while oil is up 1.25% trading between $62.32 and $63.39.
Sources: Reuters, Bloomberg, FXStreet, RBC Capital Markets, Bank of Canada, U.S. Federal Reserve, CNBC, Forexlive, CME Group