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.
