Daily Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver April 25, 2019
USDCAD spot rate: 1.3490 - 1.3495 (as at 7:17am PST)
| Ranges: | Asia: | 1.3483 | to | 1.3503 |
| Europe: | 1.3485 | to | 1.3510 | |
| North America: | 1.3488 | to | 1.3517 |
Technical Support / Resistance:
| S2 | S1 | R1 | R2 |
| 1.3375 | 1.3410 | 1.3520 | 1.3575 |
Key Economic Data Releases:
- U.S. Initial Jobless claims 230k (200k exp.) 193k previous
- U.S. Durable Goods orders 2.7% (0.8% exp.) -1.1% previous
Event Calendar:
| Date | Canada | U.S.A. |
| Apr 24 Apr 25 Apr 26 | Bank of Canada interest rate | Durable goods orders GDP Q1, GDP price index, Core PCE |
U.S. Durable Orders Rose 2.7% in March, Faster Than Expected but this news was off set by the highest number of jobless claims since 2017. After yesterdays Bank of Canada's dovish statement release hammered the Canadian dollar we have seen mostly consolidation in the FX markets so far this morning. Currently, the TSX and the DJIA are down by about 0.50%. EURCAD is down 0.01% trading between 1.5009 and 1.5060. GBPCAD is down 0.04% trading between 1.7370 and 1.7426. JPYCAD is up 0.55% trading between 0.01202 and 0.01209 . Gold is up 0.33% trading between $1,273 and $1,282USD/oz, silver is up 0.37% trading between $14.86 and $15.01USD/oz, while oil (WTI crude) is up 0.10% trading between $65.55 and $66.28.
Sources: Reuters, Bloomberg, FXStreet, RBC Capital Markets, Bank of Canada, U.S. Federal Reserve, CNBC, Forexlive, CME Group
Follow us
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.
