Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver July 15, 2019


USDCAD spot rate: 1.3040 - 1.3045 (as at 8:03am PST)

Ranges:

Asia:

1.3021

to

1.3045

Europe:

1.3020

to

1.3038

North America:

1.3029

to

1.3046

Technical Support / Resistance:

S2

S1

R1

R2

1.2950

1.3005

1.3064

1.3120

Key Economic Data Releases:

- U.S. NY empire state mfg index: 4.2 (exp 2.0 / prev -8.6)

Event Calendar:

Date

Canada

U.S.A.

July 16

July 17

July 18

July 19

CPI, manufacturing shipments

Retail sales

Retail sales, industrial production

Housing starts, building permits

Jobless claims, Philly Fed mfg. survey

Consumer sentiment index

U.S. stocks were mixed at the start of a busy week for corporate earnings, economic data and Federal Reserve speakers. Treasuries climbed while the dollar was little changed. The S&P 500 Index fluctuated near 3,000 as Citigroup Inc slid after posting worse-than-estimated trading revenue. Steelmakers jumped after Donald Trump's trade aide Peter Navarro said the president will sign an executive order boosting the use of the material in federal government contracts. After the first giant U.S. bank kicked off the earnings season, other heavyweights including JPMorgan Chase & Co., Wells Fargo & Co. and Goldman Sachs Group Inc get ready to report their results on Tuesday. Also this week, investors will be sifting through speeches by Federal Reserve officials after Chairman Jerome Powell signaled he stands ready to cut interest rates to bolster growth and lackluster inflation. Investors also assessed data showing that China's economy slowed to the weakest pace since quarterly data began in 1992 amid the ongoing trade standoff with the U.S., while monthly indicators provided signs that a stabilization is emerging. Currently, the TSX is up 0.12% while the DJIA is down 0.09%. EURCAD is up 0.02% trading between 1.4664 and 1.4699. GBPCAD is down 0.28% trading between 1.6308 and 1.6391. JPYCAD is up 0.09% trading between 0.01204 and 0.01208. Gold is down 0.43% trading between $1,407 and $1,419USD/oz, silver is up 0.60% trading between $15.16 and $15.36USD/oz, while oil (WTI crude) is up 0.09% trading between $59.85 and $60.92.

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