Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver January 22, 2019

USDCAD spot rate: 1.3340 - 1.3345 (as at 7:08am PST)

Technical Support / Resistance:

Key Economic Data Releases:

- Canadian Mfg. shipments -1.4% (-0.9% exp.) -0.1% previous

Event Calendar:

Shares of industrial and energy companies led declines in U.S. equities in the wake of drops in Europe and Asia as a cloudy outlook for trade and growth continued to weigh on risk appetite. Treasuries climbed, oil fell and the yen strengthened.The S&P 500, Dow and Nasdaq all opened lower a day after American markets were shut for a holiday. European bonds followed Treasuries higher and the dollar edged up for a sixth day. Earlier, shares retreated across Asia after Chinese President Xi Jinping stressed the need to maintain political stability, comments which hinted at growing concern over the country's slowing economy. News that the U.S. is seeking extradition of a top Huawei executive added to tensions.

Currently, the TSX is down 0.55% and the DOW is down 0.58%. EURCAD is up 0.23% trading between 1.5111 and 1.5158. GBPCAD is up 0.63% trading between 1.7131 and 1.7267. JPYCAD is up 0.75% trading between 0.01212 and 0.01220. Gold is up 0.39% trading between $1,277 and $1,284USD/oz, silver is up 0.13% trading between $15.18 and $15.34USD/oz, while oil is down 2.75% trading between $52.58 and $53.98.