USDCAD spot rate: 1.2825 - 1.2830 (as at 7:15am PST)
Ranges: | Asia: | 1.2800 | to | 1.2824 |
Europe: | 1.2811 | to | 1.2841 | |
North America: | 1.2805 | to | 1.2832 |
Technical Support / Resistance:
S2 | S1 | R1 | R2 |
1.2650 | 1.2714 | 1.2976 | 1.3025 |
Key Economic Data Releases:
- No economic releases
Event Calendar:
Date | Canada | U.S.A. |
Oct 3 Oct 4 Oct 5 | Ivey PMI Int'l merchandise trade, net employment change, unemployment rate | ADP employment change, ISM non-mfg. PMI Non-farm payrolls, unemployment rate, average hourly earnings, trade balance |
U.S. stocks erased losses, with major averages now trading little changed as investors assessed the latest geopolitical tensions from China to Italy. Crude held above $75 a barrel in New York. Most stocks in the S&P 500 advanced, with gains in industrial metals driving gains among materials producers. Intel Corp. rallied to lead the Dow Jones Industrial Average higher. Carmakers were in focus as monthly sales figures rolled in, with Tesla advancing after meeting production targets. Amazon.com slipped after saying it will raise its minimum wage. Emerging-market equities tumbled amid weak data, while European shares slid as concern mounted that Italy's budget could lead to a debt crisis. The region's common currency touched the lowest in six weeks. Currently, the TSX is down 0.28% while the DOW is up 0.09%. EURCAD is down 0.27% trading between 1.4764 and 1.4835. GBPCAD is down 0.51% trading between 1.6595 and 1.6715. JPYCAD is up 0.32% trading between 0.01123 and 0.01129. Gold is up 1.27% trading between $1,189 and $1,206USD/oz., silver is up 2.52% trading between $14.44 and $14.89USD/oz., while oil is up 0.25% trading between $75.20 and $75.89.
Sources: Reuters, Bloomberg, FXStreet, RBC Capital Markets, Bank of Canada, U.S. Federal Reserve, CNBC, Forexlive, CME Group