Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver October 30, 2018

USDCAD spot rate: 1.3120 - 1.3125 (as at7:13am PST)

Ranges:

Asia:

1.3103

to

1.3114

Europe:

1.3101

to

1.3112

North America:

1.3115

to

1.3144

Technical Support / Resistance:

S2

S1

R1

R2

1.3015

1.3065

1.3160

1.3200

Key Economic Data Releases:

- NO major data releases

Event Calendar:

Date

Canada

U.S.A.

Oct 31

Nov 1

Nov 2

GDP (Aug)

Markit mfg. index

Net employment change, % rate, int'l merchandise trade

Chicago purchasing managers index

ADP employment change, Markit / ISM mfg. index

Non-farm payroll, unemployment rate, avg hourly earnings, trade balance

U.S. stocks reversed early losses as investors shook off disappointing earnings from General Electric and tech shares reversed a sell-off despite fresh data raised concern about the strength of the housing market. Treasuries fell and the dollar rose. The S&P 500 Index climbed, although its drop from a September record still hovers near 10 percent, putting it on the cusp of a correction. The Nasdaq 100 Index clawed back earlier losses. Currently, the TSX is up 0.23% while the DOW is up 0.81%. EURCAD is down 0.12% trading between 1.4879 and 1.4944. GBPCAD is down 0.28% trading between 1.6704 and 1.6810. JPYCAD is down 0.59% trading between 0.01161 and 0.01168. Gold is down 0.31% trading between $1,219 and $1,230USD/oz., silver is down 0.06% trading between $14.37 and $14.53USD/oz., while oil is down 2.00% trading between $65.33 and $67.24.

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

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