USDCAD spot rate: 1.3120 - 1.3125 (as at 7:18am PST)
Ranges: | Asia: | 1.3119 | to | 1.3133 |
Europe: | 1.3115 | to | 1.3138 | |
North America: | 1.3110 | to | 1.3128 |
Technical Support / Resistance:
S2 | S1 | R1 | R2 |
1.3090 | 1.3110 | 1.3202 | 1.3250 |
Key Economic Data Releases:
- U.S. GDP 3.1% (3.1% exp.) 3.1 % previous
- U.S. Initial jobless claims 227k (220k exp.) 217k previous
Event Calendar:
Date | Canada | U.S.A. |
June 28 | GDP, BOC business outlook survey | Personal income/spending, Core PCE price index, Chicago PMI, consumer sentiment |
U.S. stocks rose as investors speculated the Trump administration would avoid escalating its trade war with China this weekend at the G 20 meeting. U.S. Treasuries advanced while oil slipped from its highs. Meanwhile U.S. Initial jobless claims came in at a 7 week high.
Currently, the TSX is down 0.08% and the DJIA is up 0.04%. EURCAD is down 0.14% trading between 1.4891 and 1.4943. GBPCAD is down 0.09% trading between 1.6630 and 1.6706. JPYCAD is down 0.29% trading between 0.01214 and 0.01218. Gold is down 0.55% trading between $1,398 and $1,412USD/oz, silver is down 0.26% trading between $15.16 and $15.30USD/oz, while oil (WTI crude) is down 0.16% trading between $58.60 and $59.49.