Daily foreign exchange rates for our top 10 currencies & Updates #forex #Vancouver March 27, 2017

USDCAD spot rate: 1.3374 - 1.3379 (as at 8:27am PST)

Ranges:

Asia:

1.3320

to

1.3347

Europe:

1.3319

to

1.3405

North America:

1.3387

to

1.3398

Technical Support / Resistance:

S2

S1

R1

R2

1.3263

1.3316

1.3410

1.3480

Key Economic Data Releases:

- No data releases

Key Event Calendar:

Date

Canada

U.S.A.

Mar. 28

Mar. 29

Mar. 30

Mar. 31

Bank of Canada Poloz speech

GDP (Jan)

Consumer confidence

Pending home sales / crude oil inventories

GDP Q4

Core PCE price index, personal income/spending

U.S. stocks fell with the dollar while Treasuries rallied as investor doubts grew that U.S. President Donald Trump will be able to implement his economic agenda. The yen gained with gold on haven demand. The S&P Index pared declines after falling almost 1%, as selling in defensive shared eased. Banks bore the brunt of declines, with a KBW index of lenders pushing losses since March 1 past 10% after the Republicans' failure to pass a health care bill raised the specter that promised pro-growth policies may be delayed. The greenback was on the verge of erasing the rally spurred by Trump's election victory, while Treasury 10-year yields fell to 2.35%. On Wednesday U.K. Prime Minister Theresa May will write to the EU President Donald Tusk to officially trigger Article 50 of the Lisbon Treaty, which will start the 2 year countdown to Britain leaving the European Union. There are already signs that the negotiating process may be a difficult one, with the Bank of England this morning saying Brexit remains one of the key risks to the U.K. economy. Currently, the TSX is down 0.06% and the DOW is down 0.57%. EURCAD is up 0.90% trading between 1.4430 and 1.4600. GBPCAD is up 0.85% trading between 1.6672 and 1.6890. JPYCAD is up 0.90% trading between 0.01200 and 0.01215. Gold is up 0.97% trading between $1,245 and $1,261USD/oz., silver is up 1.56% trading between $17.73 and $18.12USD/oz., while oil is down 1.68% trading between $47.11 and $48.25.

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