Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver July 4, 2017

USDCAD spot rate: 1.2968 - 1.2973 (as at 7:23am PST)

Ranges:

Asia:

1.2970

to

1.3010

Europe:

1.2970

to

1.3015

North America:

1.2925

to

1.2985

Technical Support / Resistance:

S2

S1

R1

R2

1.2855

1.2920

1.3020

1.3100

Key Economic Data Releases:

- Canada Manufacturing PMI 54.7 (55.1 previous)

- U.S. Independence Day

Key Event Calendar:

Date

Canada

U.S.A.

July 5

July 6

July 7

Trade balance, building permits

Net employment change, unemployment rate, Ivey PMI

Factory orders, FOMC minutes

ADP employment, trade balance, ISM non-mfg

Non-farm payrolls, unemployment rate, avg. hourly earnings

World shares and bond yields all pulled back after bright starts to the second half of the year on Tuesday, as a long-range missile test by North Korea and July 4 holidays for U.S. markets restricted risk appetite.

Asian shares had fallen and South Korea's won had hit a 16-week low after the North's missile landed in Japanese waters, while Europe was in the red as commodity stocks trended lower. The CAD dollar is holding near a multi month low so far this morning on thin trading. Currently, the TSX is down 0.27% while the DJIA is closed. EURCAD is down 0.40% trading between 1.4666 and 1.4787 . GBPCAD is down 0.45% trading between 1.6711 and 1.6839 . JPYCAD is down 0.20% trading between 0.01143 and 0.01151 . Gold is up 0.26% trading between $1,220 and $1,227USD/oz., silver is down 0.17% trading between $16.06 and $16.20USD/oz., while oil is up 0.55% trading between $46.77 and $47.25.

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.