Daily Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver February 26, 2019

USDCAD spot rate: 1.3215 - 1.3220 (as at 7:19am PST)

Technical Support / Resistance:

Key Economic Data Releases:

- U.S. housing starts 1.078 M (1.250 M exp.) 1.214 M previous

Event Calendar:

Global stocks dropped on Tuesday as the rush of optimism over U.S.-China trade talks from earlier in the week faded. The pound rallied as U.K. Prime Minister Theresa May promised a vote to delay Brexit if her proposed deal fails. S&P 500 Index opened in the red and European stocks edged lower after U.S. President Donald Trump raised the possibility of signing a new trade deal with Chinese counterpart Xi Jinping, but cautioned an agreement "might not happen at all." Tesla fell after regulators asked a judge to hold Elon Musk in contempt for violating last year's SEC settlement. Equities slipped throughout Asia and the yen strengthened. Treasuries climbed while European bonds were mixed. The dollar held losses after data showed U.S. housing starts tumbled in December. Currently, the TSX is up 0.20% and the DOW is down 0.06%. EURCAD is up 0.08% trading between 1.4972 and 1.5047. GBPCAD is up 0.48% trading between 1.7305 and 1.7487. JPYCAD is up 0.56% trading between 0.01187 and 0.01194. Gold is down 0.30% trading between $1,323 and $1,330USD/oz, silver is down 0.21% trading between $15.79 and $15.93USD/oz, while oil is up 0.53% trading between $55.03 and $55.82.

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