USDCAD spot rate: 1.3165 - 1.3170 (as at 7:25am PST)
Ranges: | Asia: | 1.3171 | to | 1.3196 |
Europe: | 1.3177 | to | 1.3192 | |
North America: | 1.3152 | to | 1.3179 |
Technical Support / Resistance:
S2 | S1 | R1 | R2 |
1.3070 | 1.3150 | 1.3250 | 1.3300 |
Key Economic Data Releases:
- U.S. Consumer confidence 121.5 (131.0 exp.) 131.3 previous
Event Calendar:
Date | Canada | U.S.A. |
June 26 June 27 June 28 | GDP, BOC business outlook survey | Durable goods orders GDP Q1, GDP price index Personal income/spending, Core PCE price index, Chicago PMI, consumer sentiment |
U.S. stocks fell while gains in Treasuries pushed the 10-year yield below 2% as simmering geopolitical tensions damped investor appetite for risk. Gold jumped. The S&P 500 dropped for a third-straight session as U.S. officials downplayed expectations ahead of highly-anticipated meeting between President Donald Trump and China's Xi Jinping this week. The 10-year Treasury yield slipped back below 2%, a level that until last week it hadn't breached since 2016, ahead of a speech by Federal Reserve Chair Jerome Powell Tuesday afternoon. West Texas oil rose as investors weighed escalating tensions between the U.S. and Iran against the possibility of OPEC+ extending production cuts. Gold jumped to the highest in six years and the yen hit the strongest since January against the dollar. German bunds fell to a record. Currently, the TSX is down 0.29% and the DJIA is down 0.39%. EURCAD is down 0.09% trading between 1.4981 and 1.5050. GBPCAD is down 0.23% trading between 1.6722 and 1.6855. JPYCAD is up 0.53% trading between 0.01226 and 0.01232. Gold is up 0.67% trading between $1,420 and $1,439USD/oz, silver is down 0.28% trading between $15.33 and $15.51USD/oz, while oil (WTI crude) is up 0.50% trading between $57.21 and $58.38.