Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver November 26, 2018

USDCAD spot rate: 1.3227 - 1.3232 (as at 7:55am PST)

Technical Support / Resistance:

Key Economic Data Releases:

- No major data releases

Event Calendar:

Beaten-down tech shares led the rebound in U.S. stocks, while Treasuries fell as investors gained confidence from positive political developments in Europe and rising oil prices. The S&P 500 Index rallied back from its worst week in a month, led by FAANG shares. The 10-year Treasury yield rose amid signs of progress in two standoffs that have continually rattled markets -- Italy's fiscal woes and Brexit -- and ahead of a slew of Federal Reserve speakers this week, including chair Jerome Powell. The dollar edged higher, while West Texas crude rallied above $51 a barrel following a more than 7% slide on Friday. Italy's bonds jumped as state officials began studying scenarios for a lower 2019 budget deficit target. The pound gained after European Union leaders signed off over the weekend on the proposed Brexit plan. Investors will scour this week's Fed speech and policy minutes for clues on the future of rates. After stock markets skidded last week, and with bond traders reducing expectations for the pace of U.S. monetary policy tightening, Fed Chairman Jerome Powell has the opportunity to shed light on prospects for a pause in a speech Wednesday. The sit-down between Presidents Xi Jinping and Donald Trump has heightened hopes of a resolution to the trade war ahead of the next escalation of tariffs. Currently, the TSX is up 0.55% and the DOW is up 1.43%. EURCAD is up 0.04% trading between 1.4971 and 1.5029. GBPCAD is up 0.05% trading between 1.6906 and 1.6995. JPYCAD is down 0.50% trading between 0.01163 and 0.01170. Gold is down 0.29% trading between $1,222 and $1,228USD/oz., silver is up 0.28% trading between $14.24 and $14.43USD/oz., while oil is up 2.98% trading between $50.37 and $52.24.

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