Daily Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver February 5, 2019

USDCAD spot rate: 1.3135 - 1.3140 (as at 7:11am PST)

Ranges:

Asia:

1.3105

to

1.3126

Europe:

1.3102

to

1.3130

North America:

1.3114

to

1.3139

Technical Support / Resistance:

S2

S1

R1

R2

1.3050

1.3085

1.3160

1.3210

Key Economic Data Releases:

- No major releases

Event Calendar:

Date

Canada

U.S.A.

Feb 5

Feb 6

Feb 7

Feb 8

Int'l merchandise trade

Housing starts, Ivey PMI

Net employment change

Non-manufacturing PMI

Unit labour costs, non-farm productivity

Consumer sentiment index

U.S. stocks pushed higher for a fifth day, with sentiment getting a boost from corporate results and strong earnings from oil giant BP that lifted European equities. The euro edged lower. The S&P 500 matched its longest rally of the year, as stocks continued to rebound from the pre-Christmas rout. American earnings were mixed, with Alphabet slipping after announcing a big rise in spending, while Estee Lauder surged on its results. Pemex bonds jumped after Mexico's president said he'll announce extraordinary measures to support the oil firm. Crude slumped.

Currently, the TSX is up 0.25% while the DJIA is up 0.45%. EURCAD is down 0.23% trading between 1.4955 and 1.5077 . GBPCAD is down 0.50% trading between 1.7002 and 1.7115 . JPYCAD is down 0.33% trading between 0.01190 and 0.01195. Gold is unchanged trading between $1,310 and $1,316USD/oz , silver is down 0.05% trading between $15.81 and $15.92USD/oz , while oil is down 1% trading between $53.63 and $55.20 .

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

B90fe1ad36

Follow us




Follow us on Twitter @vbcefx


Disclaimer


The information and opinions contained herein are gathered from sources which are thought to be reliable but the reader should not assume that the information and opinions are official or final. VBCE makes no warranty concerning the accuracy of the information and opinions, and accepts no liability for the consequences of any actions taken on the basis of the information and opinions provided. The content is for general information only and does not constitute in anyway giving financial advice.