USDCAD spot rate: 1.3465 - 1.3470 (as at 7:16am PST)
Ranges: | Asia: | 1.3434 | to | 1.3447 |
Europe: | 1.3436 | to | 1.3464 | |
North America: | 1.3458 | to | 1.3479 |
Technical Support / Resistance:
S2 | S1 | R1 | R2 |
1.3360 | 1.3417 | 1.3480 | 1.3520 |
Key Economic Data Releases:
- U.S. Consumer confidence 134.1 (130.0 exp.) 129.2 previous
Event Calendar:
Date | Canada | U.S.A. |
May 29 May 30 May 31 | Bank of Canada interest rate GDP (March / Q1) | GDP (Q1), initial jobless claims Personal income/spending, consumer sentiment |
U.S. stocks rebounded from a third straight weekly decline, led by technology shares that bore the brunt of the decline as investors positioned themselves for what could be a protracted trade dispute with China. Treasuries advanced, sending 10-year yields to a 17-month low.
Currently, the TSX is up 0.01% and the DJIA is up 0.37%. EURCAD is up 0.11% trading between 1.5018 and 1.5078. GBPCAD is up 0.10% trading between 1.7009 and 1.7088. JPYCAD is up 0.37% trading between 0.01225 and 0.01232. Gold is down 0.75% trading between $1,276 and $1,286USD/oz, silver is down 1.32% trading between $14.29 and $14.60USD/oz, while oil (WTI crude) is down 0.37% trading between $58.77 and $59.57.