USDCAD spot rate: 1.3340 - 1.3345 (as at 7:22am PST)
Ranges: | Asia: | 1.3310 | to | 1.3331 |
Europe: | 1.3315 | to | 1.3345 | |
North America: | 1.3323 | to | 1.3352 |
Technical Support / Resistance:
S2 | S1 | R1 | R2 |
1.3130 | 1.3194 | 1.3379 | 1.3430 |
Key Economic Data Releases:
- U.S. ISM non-mfg index 59.7 (57.3 exp.) 56.7 previous
Event Calendar:
Date | Canada | U.S.A. |
Mar 6 Mar 7 Mar 8 | Int'l merchandise trade, Ivey PMI, Bank of Canada interest rate Int'l merchandise trade Net employment change, unemployment rate | ADP employment change, trade balance Factory orders, new home sales Trade balance Non-farm payrolls, unemployment rate, Avg. hourly earnings |
U.S. stocks fell to a one-week low as banks retreated and investors awaited news on the trade front. The dollar strengthened a fifth day. The S&P 500 headed for its fifth drop in six days, as the torrid post-Christmas rally continued to falter near the 2,800 level that's capped advances for several months. Lenders led the declines, even as Treasury yields rose. Industrial companies slumped with trade in focus after President Donald Trump turned his ire toward India as he looks to clinch a deal with China. European shares fell, while equities in Japan, Korea and Australia slumped after China lowered its target for GDP growth. Currently, the TSX is up 0.25% and the DJIA is down 0.33%. EURCAD is up 0.15% trading between 1.5081 and 1.5126. GBPCAD is down 0.21% trading between 1.7483 and 1.7603. JPYCAD is up 0.01% trading between 0.01189 and 0.01193. Gold is down 0.30% trading between $1,281 and $1,289USD/oz, silver is down 0.08% trading between $15.04 and $15.12USD/oz, while oil is up 0.24% trading between $56.10 and $57.12.