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)

Technical Support / Resistance:

Key Economic Data Releases:

- U.S. Wholesale inventories .4% (.3% exp.) .3% prev.

- Canadian Housing starts 212.7k (200.0k exp.)

Key Event Calendar:

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