Daily foreign exchange rates for our top 10 currencies & Updates #forex #Vancouver February 20, 2017

USDCAD spot rate: 1.3091 - 1.3096 (as at 8:03am PST)

Ranges:

Asia:

1.3080

to

1.3110

Europe:

1.3090

to

1.3119

North America:

1.3091

to

1.3095

Technical Support / Resistance:

S2

S1

R1

R2

1.3000

1.3060

1.3125

1.3170

Key Economic Data Releases:

- No data releases

Key Event Calendar:

Date

Canada

U.S.A.

Feb. 21

Feb. 22

Feb. 23

Feb. 24

Retail sales

Consumer price index

Manufacturing PMI, services PMI

Existing home sales, FOMC meeting minutes

House price index

Consumer sentiment index, new home sales

The pound rose against all Group of 10 peers, leading gains versus the dollar and paring most of Friday's losses, even as flows were thin and liquidity below average due to the holiday in the U.S. The positive impact on the dollar from comments by Federal Reserve's Loretta Mester that delaying policy tightening will create risks faded as the Asian session progressed and focus turned to technical factors amid lack of fresh catalysts. Sterling rallied the most in a week against the yen as the trendline support since Jan. 16 held. Both the pound and euro rebounded from technical supports at 55 day moving averages while the dollar-yen pair is failing to extend gains above resistance at its 21 daily moving averages. Currently, the TSX is down 0.16% and the DOW is up 0.02%. EURCAD is up 0.12% trading between 1.3868 and 1.3930. GBPCAD is up 0.37% trading between 1.6232 and 1.6361. JPYCAD is down 0.17% trading between 0.01156 and 0.01160. Gold is up 0.27% trading between $1,232 and $1,238USD/oz., silver is up 0.31% trading between $17.92 and $18.04USD/oz., while oil is up 0.57% trading between $53.34 and $53.85.

083e3d7a6b

Follow us




Follow us on Twitter @vbcefx


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.