Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver March 25, 2019


USDCAD spot rate: 1.3415 - 1.3420 (as at 8:08am PST)

Ranges:

Asia:

1.3412

to

1.3440

Europe:

1.3403

to

1.3447

North America:

1.3429

to

1.3445

Technical Support / Resistance:

S2

S1

R1

R2

1.3320

1.3373

1.3460

1.3500

Key Economic Data Releases:

- No major data releases

Event Calendar:

Date

Canada

U.S.A.

Mar 26

Mar 27

Mar 28

Mar 29

Int'l merchandise trade

GDP (Jan)

Housing starts, bldg. permits, consumer confidence

Trade balance

GDP Q4, pending home sales

Personal income/spending, Chicago PMI, consumer sentiment index, new home sales


U.S. stock extended losses as traders remained on edge following Friday's sell-off. Ten-year Treasury yields traded near 2.44% after a closely-watched part of the U.S. curve inverted on Friday as investors wager the Federal Reserve will need to cut rates. The greenback dropped against most its Group-of-10 currency peers. European shares fell even after data showed confidence among German companies improved. While weakening data and a pivot by global central banks away from tighter policy is shaking confidence, a breakthrough in U.S.-China trade talks could provide support going forward. The pound rose at the start of a week that could bring yet another vote on U.K. Prime Minister Theresa May's Brexit plan. Chancellor of the Exchequer Phillip Hammond and other cabinet colleagues publicly backed May on Sunday as several British newspapers said she's under increasing pressure to stand down over her handling of Britain's exit from the European Union. Currently, the TSX is down 0.26% and the DJIA is down 0.26%. EURCAD is up 0.32% trading between 1.5140 and 1.5213. GBPCAD is up 0.04% trading between 1.7645 and 1.7792. JPYCAD is down 0.49% trading between 0.01215 and 0.01220. Gold is up 0.57% trading between $1,310 and $1,322USD/oz, silver is up 0.83% trading between $15.38 and $15.55USD/oz, while oil is down 0.71% trading between $58.17 and $59.17.

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