Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver September 27, 2018

USDCAD spot rate: 1.3065 - 1.3070 (as at 8:00am PST)

Ranges:

Asia:

1.3029

to

1.3053

Europe:

1.3043

to

1.3072

North America:

1.3057

to

1.3081

Technical Support / Resistance:

S2

S1

R1

R2

1.2950

1.3000

1.3100

1.3150

Key Economic Data Releases:

- U.S. GDP Q2 4.2% (4.2% exp.) 4.2% previous

- U.S. initial jobless claims 214k (210k exp.) 202k previous

Event Calendar:

Date

Canada

U.S.A.

Sept 28

GDP (July)

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

U.S. stocks climbed and the dollar jumped to a two-week high as investors digested the likelihood of more Federal Reserve interest-rate increases stretching into next year. Gains in the largest tech companies helped lift the S&P 500 Index after four days of losses, and the Stoxx Europe 600 edged higher. Supportive economic data also fueled gains in the greenback. The euro fell with Italian bonds and equities as a deadline to agree on the country's deficit targets loomed. Ten-year Treasury yields crept higher; the pound slipped. Currently, the TSX is up 0.32% and the DOW is up 0.25%. EURCAD is unchanged trading between 1.5243 and 1.5321. GBPCAD is up 0.04% trading between 1.7101 and 1.7203. JPYCAD is down 0.37% trading between 0.01154 and 0.01159. Gold is down 0.97% trading between $1,183 and $1,198USD/oz., silver is down 0.97% trading between $14.18 and $14.46USD/oz., while oil is up 0.58% trading between $71.75 and $72.58.

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

B90fe1ad36

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.