Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver July 17, 2019

USDCAD spot rate: 1.3050 - 1.3055 (as at 8:14am PST)

Technical Support / Resistance:

Key Economic Data Releases:

- Canadian CPI: -0.2% (exp -0.2% / prev 0.4%)

- Canadian manufacturing shipments: 1.6% (exp 2.0% / prev -0.4%)

- U.S. housing starts: 1.253M (exp 1.261MM / prev 1.265M)

- U.S. building permits: 1.220M (exp 1.300MM / prev 1.299M)

Event Calendar:

U.S. Stocks fell as investors assessed mixed corporate earnings amid fresh trade tension. While early indications are usually unreliable when it comes to earnings season, investors have closely watched corporate reports for clues on the state of the world's largest economy amid the lingering threat of a trade war. Market sentiment was clearly dented after President Trump said Tuesday he could impose more tariffs on China. The Federal Reserve Beige Book, a snapshot of economic performance around the country, is due later today. Currently, the TSX is up 0.05% while the DJIA is down 0.23%. EURCAD is down 0.10% trading between 1.4631 and 1.4677. GBPCAD is down 0.05% trading between 1.6175 and 1.6253. JPYCAD is down 0.14% trading between 0.01204 and 0.01209. Gold is up 1.16% trading between $1,400 and $1,422USD/oz, silver is up 2.06% trading between $15.51 and $15.89USD/oz, while oil (WTI crude) is down 0.15% trading between $57.32 and $58.30.