Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver September 25, 2018


USDCAD spot rate: 1.2940 - 1.245 (as at 7:15am PST)

Ranges:

Asia:

1.2945

to

1.2967

Europe:

1.2958

to

1.2972

North America:

1.2938

to

1.2969

Technical Support / Resistance:

S2

S1

R1

R2

1.2850

1.2898

1.2981

1.3050

Key Economic Data Releases:

- Rmd Fed mfg. index 29 (22exp.) 24 previous

Event Calendar:

Date

Canada

U.S.A.

Sept 26

Sept 27

Sept 28

GDP (July)

New home sales, Fed interest rate, economic projections, press conference

GDP Q2, Durable goods orders, pending home sales

Core personal consumption exp. price index, personal income / spending, Chicago PMI, consumer sentiment

U.S. stocks struggled for direction after two days of declines, as surging oil prices lifted energy producers while chipmakers dragged tech shares lower. Treasuries fell as the Federal Reserve started its two-day policy meeting. The tech-heavy Nasdaq lagged behind other gauges as Facebook Inc. fell after Instagram's founders said they were leaving the company, while energy stocks helped lift broader gauges. Benchmark Treasury yields touched 3.1 percent, and oil traded at a four-year high. Core European bonds slipped with Treasuries, but Italian notes rallied as the country crept closer to a budget proposal. The dollar drifted lower. The Stoxx Europe 600 Index headed for its seventh gain in eight days, and Japanese equities rose to the highest since January. Some caution remained on display, with emerging markets underperforming.

Currently, the TSX is up 0.44% and the DOW is up 0.18%. EURCAD is up 0.36% trading between 1.5204 and 1.5285. GBPCAD is up 0.17% trading between 1.6962 and 1.7072. JPYCAD is down 0.23% trading between 0.01146 and 0.01149. Gold is up 0.39% trading between $1,197 and $1,203USD/oz., silver is up 1.33% trading between $14.22 and $14.49USD/oz., while oil is up 0.54% trading between $72.00 and $72.60.

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

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