Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver July 11, 2019
USDCAD spot rate: 1.3075 - 1.3080 (as at 7:27am PST)
| Ranges: | Asia: | 1.3123 | to | 1.3138 |
| Europe: | 1.3069 | to | 1.3134 | |
| North America: | 1.3081 | to | 1.3144 |
Technical Support / Resistance:
| S2 | S1 | R1 | R2 |
| 1.3000 | 1.3040 | 1.3177 | 1.3225 |
Key Economic Data Releases:
- U.S. initial jobless claims 219k (223k exp.) 222k previous
- U.S. consumer price index 1.6% (1.6% exp.) 1.8% previous
Event Calendar:
| Date | Canada | U.S.A. |
| July 11 July 12 | New housing price index | Jobless claims, consumer price index Producer price index |
U.S. stocks pushed toward new highs and Treasuries retreated after the latest American inflation reading came in hotter than anticipated. The dollar dropped for a second day and gold slipped.
The S&P 500 tested 3,000 again Thursday while the Dow Jones Industrial Average flirted with 27,000 as investors weighed the latest clues on the path for monetary policy. Health-care shares gained after the Trump administration pulled the plug on a proposed overhaul of drug rebates.Federal Reserve Chair Jerome Powell, who struck a dovish tone in questioning before a congressional panel Wednesday, is due back on Capitol Hill today to answer senators' questions. Traders will be eyeing that testimony for further clues after a measure of U.S. consumer prices rose more than forecast in June. Currently, the TSX is down 0.06% and the DJIA is up 0.38%. EURCAD is up 0.01% trading between 1.4690 and 1.4734. GBPCAD is up 0.22% trading between 1.6331 and 1.6409. JPYCAD is up 0.27% trading between 0.01205 and 0.01210. Gold is down 0.27% trading between $1,411 and $1,427USD/oz, silver is up 0.33% trading between $15.17 and $15.31USD/oz, while oil (WTI crude) is up 0.17% trading between $60.44 and $60.93.
Follow us
Disclaimer
The information and opinions contained herein are gathered from sources which are thought to be reliable but the reader should not assume that the information and opinions are official or final. VBCE makes no warranty concerning the accuracy of the information and opinions, and accepts no liability for the consequences of any actions taken on the basis of the information and opinions provided. The content is for general information only and does not constitute in anyway giving financial advice.
