Daily foreign exchange rates for our top 10 currencies & Updates #forex #Vancouver April 24, 2017

USDCAD spot rate: 1.3477 - 1.3482 (as at 8:15am PST)

Ranges:

Asia:

1.3449

to

1.3502

Europe:

1.3409

to

1.3473

North America:

1.3457

to

1.3495

Technical Support / Resistance:

S2

S1

R1

R2

1.3340

1.3391

1.3515

1.3565

Key Economic Data Releases:

- Canada wholesale sale: -0.2% (exp -1.0%0 / prev 3.3%)

Key Event Calendar:

Date

Canada

U.S.A.

Apr. 25

Apr. 26

Apr. 27

Apr. 28

Retail sales

GDP

Consumer confidence, new home sales

Crude oil inventories

Durable goods orders, pending homes sales

GDP, Chicago PMI, consumer sentiment index

The first round of voting in the French presidential election saw centrist candidate Emmanuel Macron and far-right nationalist Marine Le Pen make it through to the 2nd runoff scheduled for May 7. Republican candidate Francois Fillon, who came in 3rd, backed Macron for the May vote, with early polls suggesting he would beat Le Pen by more than 20 percentage points. Macron's victory in the vote has led to a huge relief rally across markets. France's CAC 40 Index was 4.2% higher at 3:21am PST, Germany's Dax added as much as 2.9% to reach an intraday record, while the wider Stoxx 600 Index gained 1.9%. Chinese stocks didn't get the global rally memo, however. Following a record stretch without falling more than 1% in a single session, China's Shanghai Composite Index fell 1.4%, its biggest 1 day loss since Dec.12. The index is down almost 5% from its mid-April peak, becoming the worst performing national benchmark in the world. Currently, the TSX is up 0.73% and the Dow is up 1.06%. EURCAD is up 1.43% trading between 1.4441 and 1.4737. GBPCAD is down 0.10% trading between 1.7169 and 1.7352. JPYCAD is down 0.57% trading between 0.01217 and 0.01227. Gold is down 0.90% trading between $1,265 and $1,284USD/oz., silver is down 0.69% trading between $17.65 and $17.92USD/oz., while oil is down 0.69% trading between $49.06 and $50.19.

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