​VBCE Daily Foreign Exchange Update for Monday, June 13, 2016


USDCAD spot rate: 1.2785 - 1.2790 (as at 9:10am PST)

Ranges:

Asia:

1.2777

to

1.2809

Europe:

1.2767

to

1.2800

North America:

1.2763

to

1.2800

Technical Support / Resistance:

S2

S1

R1

R2

1.2615

1.2691

1.2832

1.2915

Key Economic Data Releases:

-No data release

Key Event Calendar:

Date

Canada

U.S.A.

June 14

June 15

June 16

June 17

Manufacturing sales

Consumer price index

Retail sales

Producer price index, industrial production, crude oil inventories, Fed interest rate and economic projections

CPI, Philly Fed manufacturing index

Housing starts

The USD/CAD is relatively unchanged and trading in a tight range this morning with no major NA economic data releases set for today. UK/EU continues to be the centre of worries for investors today as the most recent polls show a very tight race with the leave campaign edging ever so slightly. The BREXIT referendum will be held June 23. Currently, the TSX is up 0.09% while the DJIA is down 0.04%. EURCAD is up 0.47% trading between 1.4345 and 1.4439. GBPCAD is up 0.018% trading between 1.8034 and 1.8290. JPYCAD is up 0.5416% trading between 0.01193 and 0.01209. Gold is up 0.73% trading between $1,272 and $1,287USD/oz., silver is up 0.45% trading between $17.11 and $17.43 USD/oz., while oil is up 0.61% trading between $48.18 and $49.25USD/barrel

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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.