Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver June 15, 2017

USDCAD spot rate: 1.3275 - 1.3280 (as at 8:21am PST)

Ranges:

Asia:

1.3225

to

1.3259

Europe:

1.3244

to

1.3295

North America:

1.3265

to

1.3285

Technical Support / Resistance:

S2

S1

R1

R2

1.3180

1.3225

1.3300

1.3380

Key Economic Data Releases:

- U.S. Initial Jobless Claims 237k (242K exp.) 245k previous

- U.S. Industrial production 0.0% (0.2% exp.) 1.1% previous

- Canadian Mfg. Sales 1.1% (0.7% exp.) 0.8% previous

Key Event Calendar:

Date

Canada

U.S.A.

June 16

Building permits, housing starts, consumer sentiment

Stocks fell in Europe and Asia on Thursday as investor concern over the pace of U.S. economic growth overshadowed a widely telegraphed rise in Federal Reserve interest rates that lifted the dollar off recent lows. North American stock have so far followed suit signaling a rocky start on Wall Street after Wednesday's rate hike and another tumble in tech stocks. Euro zone government bond yields rose, reflecting post-Fed moves in U.S. Treasuries, whose yields had earlier fallen after weaker-than-forecast inflation and retail sales data triggered alarm about the underlying health of the U.S. economy. Currently, the TSX is down 0.44% and the DOW is down 0.25%. EURCAD is down 0.39% trading between 1.4790 and 1.4866. GBPCAD is up 0.33% trading between 1.6823 and 1.6994. JPYCAD is down 0.25% trading between 0.01201 and 0.01211. Gold is down 0.45% trading between $1,251 and $1,266USD/oz., silver is down 0.95% trading between $16.66 and $17.08USD/oz., while oil is up 0.05% trading between $44.35 and $44.78.

Sources: Reuters, Bloomberg, FXStreet, RBC Capital Markets, Bank of Canada, U.S. Federal Reserve, CNBC, Forexlive, CME Group

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