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)

Ranges:

Asia:

1.3185

to

1.3196

Europe:

1.3182

to

1.3218

North America:

1.3200

to

1.3235

Technical Support / Resistance:

S2

S1

R1

R2

1.3035

1.3086

1.3245

1.3275

Key Economic Data Releases:

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

Event Calendar:

Date

Canada

U.S.A.

Feb 27

Feb 28

Mar 1

CPI

GDP (Dec)

Pending home sales, factory orders

GDP Q4, personal consumption expend

ISM mfg. index, personal income / spending

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

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.