Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver May 21, 2019


USDCAD spot rate: 1.3415 - 1.3420 (as at 7:14am PST)

Ranges:

Asia:

1.3418

to

1.3432

Europe:

1.3422

to

1.3434

North America:

1.3395

to

1.3424

Technical Support / Resistance:

S2

S1

R1

R2

1.3330

1.3380

1.3520

1.3570

Key Economic Data Releases:

- no major data releases

Event Calendar:

Date

Canada

U.S.A.

May 22

May 23

May 24

Retail sales

Wholesale sales

FOMC meeting minutes

Markit Mfg. / services PMI, new home sales

Durable goods orders

Stocks headed cautiously higher Tuesday morning following a temporary reprieve on restrictions on U.S. exports to China telecom giant Huawei Technologies, reflecting a slight reduction in one front of the Sino-American tariff war. U.S. officials said late Monday they would offer some temporary exceptions to an export blacklist against Huawei Technologies Co., which will provide some suppliers and customers of China's telecom giant a 90-day reprieve from tough trade penalties—a move that appeared to soothe investor anxiety somewhat.

Currently, the TSX is down 0.26% while the DJIA is up 0.50%. EURCAD is down 0.15% trading between 1.4940 and 1.4995 . GBPCAD is down 0.10% trading between 1.7013 and 1.7091 . JPYCAD is down 0.50% trading between 0.01211 and 0.01219 . Gold is down 0.26% trading between $1,269 and $1,277USD/oz, silver is down 0.55% trading between $14.37 and $14.47USD/oz, while oil (WTI crude) is down 0.20% trading between $62.92 and $63.77.

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