Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver June 26, 2017

USDCAD spot rate: 1.3240 - 1.3245 (as at 8:10am PST)

Ranges:

Asia:

1.3239

to

1.3266

Europe:

1.3211

to

1.3261

North America:

1.3225

to

1.3247

Technical Support / Resistance:

S2

S1

R1

R2

1.3155

1.3195

1.3292

1.3349

Key Economic Data Releases:

- U.S. durable goods orders: -1.1% (exp -0.6% / prev -0.8%)

Key Event Calendar:

Date

Canada

U.S.A.

June 27

June 28

June 29

June 30

GDP, Raw materials / industrial product price index

Consumer confidence

Pending home sales, goods trade balance

GDP Q1, GDP price index

Personal income/spending, Chicago PMI, Michigan consumer sentiment index

It is shaping up to be a busy period for the $5.1 trillion a day currency market which has speeches from five Federal Reserve policy makers to contend with, the likely highlight being Chair Janet Yellen's address tomorrow. U.S stocks struggled to keep up with global equities that started the week higher. The report on U.S. durable goods kicks off a string of economic data that may also drive momentum in financial markets, with key reports due on inflation, employment, manufacturing and housing from China to the U.S. Currently, the TSX is down 0.11% while the DOW is up 0.10%. EURCAD is up 0.22% trading between 1.4781 and 1.4865. GBPCAD is down 0.02% trading between 1.6828 and 1.6917. JPYCAD is up 0.34% trading between 0.01184 and 0.01192. Gold is down 0.92% trading between $1,236 and $1,258USD/oz., silver is down 0.62% trading between $16.27 and $16.74USD/oz., while oil is down 0.84% trading between $42.66 and $43.63.

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

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.