Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver May 30, 2019


USDCAD spot rate: 1.3585 - 1.3590 (as at 7:19am PST)

Ranges:

Asia:

1.3507

to

1.3520

Europe:

1.3489

to

1.3510

North America:

1.3485

to

1.3500

Technical Support / Resistance:

S2

S1

R1

R2

1.3409

1.3451

1.3585

1.3620

Key Economic Data Releases:

- U.S. GDP 3.1% (3.1% exp.) 3.2% previous

- U.S. initial jobless claims

Date

Canada

U.S.A.

May 31

GDP (March / Q1)

Personal income/spending, consumer sentiment

U.S. economic growth remained robust in the first three months of 2019, according to an updated government estimate, while corporate profits weakened at the start of the year. Gross domestic product, a broad measure of the goods and services produced across the U.S., rose at a 3.1% annual rate in the first quarter, adjusted for seasonality and inflation, the Commerce Department said Thursday. Meanwhile concerns over the trade war between China and the U.S. still have markets on high alert. Currently, the TSX is up 0.08% and the DJIA is up 0.22%. EURCAD is down 0.03% trading between 1.4991 and 1.5061. GBPCAD is down 0.02% trading between 1.6998 and 1.7073. JPYCAD is down 0.55% trading between 0.01226 and 0.01234. Gold is up 0.15% trading between $1,275 and $1,282USD/oz, silver is up 0.17% trading between $14.36 and $14.48USD/oz, while oil (WTI crude) is up 0.24% trading between $58.68 and $59.68.

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