Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver November 29, 2018


USDCAD spot rate: 1.3265 - 1.3270 (as at 7:20am PST)

Ranges:

Asia:

1.3278

to

1.3286

Europe:

1.3253

to

1.3293

North America:

1.3257

to

1.3309

Technical Support / Resistance:

S2

S1

R1

R2

1.3190

1.3250

1.3390

1.3440

Key Economic Data Releases:

- FMOC Minutes

Event Calendar:

Date

Canada

U.S.A.

Nov 30

GDP Q3

Chicago purchasing managers index

U.S. stocks halted a three-day rally as investors awaited developments in the trade war with China and assessed the impact of falling Treasury rates. The S&P 500 fell following the biggest gain in eight months Wednesday that was fueled by a dovish tone from Federal Reserve Chairman Jerome Powell. Banks and tech companies paced the decline. The 10-year Treasury yield dropped to the lowest level in two months, while the dollar slid for a second day ahead of a sit-down between Presidents Donald Trump and Xi Jinping that could be pivot point in the trade war between the two countries. Currently, the TSX is up 0.30% and the DOW is down 0.25%. EURCAD is up 0.16% trading between 1.5074 and 1.5125. GBPCAD is down 0.44% trading between 1.6926 and 1.7049. JPYCAD is up 0.36% trading between 0.01169 and 0.01173. Gold is up 0.30% trading between $1,220 and $1,228USD/oz., silver is down 0.15% trading between $14.27 and $14.37USD/oz., while oil is up 1.85% trading between $49.42 and $51.54.

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

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