Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver July 11, 2017
USDCAD spot rate: 1.2920 - 1.2925 (as at 8:08am PST)
| Ranges: | Asia: | 1.2886 | to | 1.2921 |
| Europe: | 1.2888 | to | 1.2926 | |
| North America: | 1.2903 | to | 1.2924 |
Technical Support / Resistance:
| S2 | S1 | R1 | R2 |
| 1.2770 | 1.2860 | 1.2935 | 1.3040 |
Key Economic Data Releases:
- U.S. Wholesale inventories .4% (.3% exp.) .3% prev.
- Canadian Housing starts 212.7k (200.0k exp.)
Key Event Calendar:
| Date | Canada | U.S.A. |
| July 12 July 13 July 14 | Bank of Canada interest rate New housing price index | Crude oil inventories Producer price index CPI, retail sales, industrial production |
The dollar hit a four-month high against the yen and bonds and top emerging market currencies were back under pressure on Tuesday, on bets for higher interest rates in a small but growing group of major economies. With the expectations fuelled by increasingly robust-looking global growth, MSCI's 46-country All World share index was up for a third day running, although it started to slip as Europe's courses lost their footing early on. Currently, the TSX is down 0.26% while the DOW is up 0.04%. EURCAD is up 0.40% trading between 1.4674 and 1.4747. GBPCAD is up 0.01% trading between 1.6594 and 1.6693. JPYCAD is down 0.01% trading between 0.01121 and 0.01130. Gold is down 0.24% trading between $1,209 and $1,216USD/oz., silver is down 0.21% trading between $15.47 and $15.71USD/oz., while oil is down 0.15% trading between $43.86 and $44.88.
Sources: Reuters, Bloomberg, FXStreet, RBC Capital Markets, Bank of Canada, U.S. Federal Reserve, CNBC, Forexlive, CME Group
Follow us
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.
