Daily foreign exchange rates for our top 10 currencies & Updates #forex #Vancouver April 13, 2017

USDCAD spot rate: 1.3245 - 1.3250 (as at 8:19am PST)

Ranges:

Asia:

1.3223

to

1.3350

Europe:

1.3226

to

1.3351

North America:

1.3228

to

1.3254

Technical Support / Resistance:

S2

S1

R1

R2

1.3200

1.3225

1.3255

1.3350

Key Economic Data Releases:

-CAD MFG Shipments -.2% (-.7% expected) .6% previous

-US Import/Export price index 2.3% (2.4% expected) 2.2% previous

-US Initial Jobless Claims 234k ( 245k expected) 235k previous

Key Event Calendar:

Date

Canada

U.S.A.

Apr. 14

Good Friday

Producer price index, consumer sentiment index

Good Friday

The U.S. dollar and Treasury yields slid on Thursday and were on track for their biggest weekly declines this year, after U.S. President Donald Trump said that he would like to see interest rates stay low and that the greenback was too strong. Surprisingly strong Chinese trade figures and Trump's remarks that the United States will not name China a currency manipulator helped boost Asian stocks. But the falling dollar and bond yields weighed on European markets. The dollar index, which tracks the greenback against a basket of six trade-weighted peers, fell 0.6 per cent to 100.07. The benchmark 10-year U.S. Treasury yield slid to a five-month low of 2.22 per cent. That put the dollar on course for a fall of more than 1 per cent and the 10-year yield down 13 basis points this week. That would mark the dollar's steepest weekly fall since before the U.S. presidential election in November and the sharpest yield drop since June last year. Most financial markets are closed on Friday for the Good Friday holiday, and trading volumes on Thursday have been much lighter than usual. Currently, the TSX is down 0.34%% while the DOW is up 0.04%. EURCAD is down 0.55% trading between 1.4053 and 1.4133. GBPCAD is down 0.20% trading between 1.6559 and 1.6640. JPYCAD is down 0.33% trading between 0.01211 and 0.01217. Gold is down 0.22% trading between $1,282 and $1,288USD/oz., silver is up 0.19% trading between $18.43 and $18.60USD/oz., while oil is up 0.89% trading between $52.83 and $53.36.


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.