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Currencies basically unchanged with the Euro trading to a two-year low against the USD

By MoneyWay | Sep 30, 2019

Canadian prices of industrial products rose 0.2 percent in August after falling 0.3 percent in the previous month, shrinking the year-on-year decline from minus 1.7 percent to minus 1.0 percent. Prices for purchased raw materials fell 1.8 percent on the month after increasing 1.2 percent previously, though thanks to favorable base effects the year-on-year decline narrowed to by three full percentage points to minus 6.0 percent.

Mediocre German Retail Sales and Unemployment data for August caused the euro to fall to its lowest levels, however Brexit talks still dominate and will have much greater impact over the near term.

Currently             Close                     Range

USDCAD               1.3245                   1.3247                   1.3224-1.3260

EURCAD               1.4447                   1.4494                   1.4422-1.4499

GBPCAD               1.6296                   1.6283                   1.6243-1.6337

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