Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver February 21, 2017

USDCAD spot rate: 1.3140 - 1.3145 (as at 8:03am PST)

Ranges:

Asia:

1.3100

to

1.3150

Europe:

1.3128

to

1.3164

North America:

1.3130

to

1.3160

Technical Support / Resistance:

S2

S1

R1

R2

1.3060

1.3100

1.3165

1.3200

Key Economic Data Releases:

- US Mfg. PMI 54.3 (55.3 exp.) 55.0 previous

- US Services PMI 53.9 (55.8 exp.) 55.6 previous

Key Event Calendar:

Date

Canada

U.S.A.

Feb. 22

Feb. 23

Feb. 24

Retail sales

Consumer price index

Existing home sales, FOMC meeting minutes

House price index

Consumer sentiment index, new home sales

Weak earnings trumped strong economic data for European stocks on Tuesday, as investors took their cue from banking giant HSBC's surprise slump in profits rather than stellar reports on the euro zone economy.

The U.S. dollar gained ground on the world's major currencies, in line with a tentative move back up in U.S. bond yields ahead of minutes from the Federal Reserve's latest meeting which could offer signals on the future pace of interest rate hikes. Economic news out of Europe on Tuesday was surprisingly strong. Growth in Germany's private sector reached its highest level in nearly three years, while French business activity surged past expectations to near a six-year high. Currently, the TSX is up 0.41% and the DOW is up 0.46%. EURCAD is down 0.25% trading between 1.3837 and 1.3914. GBPCAD is up 0.13% trading between 1.6296 and 1.6366. JPYCAD is down 0.25% trading between 0.01156 and 0.01159. Gold is down 0.33% trading between $1,226 and $1,238USD/oz., silver is down 0.29% trading between $17.85 and $18.06USD/oz., while oil is up 2.15% trading between $53.95 and $55.00.

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