Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver July 20, 2017

USDCAD spot rate: 1.2600 - 1.2605 (as at 8:10am PST)

Technical Support / Resistance:

Key Economic Data Releases:

- Philly Fed mfg. index 19.5 (24.0 exp.) 27.6 previous

- U.S. Initial jobless claims 233k (245k exp.) 248k previous

Key Event Calendar:

World shares extended a run of record highs on Thursday, as a cautious sounding Bank of Japan lifted Asian stocks to a near decade peak and the ECB kept interest rates and forward guidance on QE unchanged. The euro was near a 14-month high and investors were riding a global rally in stocks as Asia's and then Europe's early 0.4 per cent gains ensured MSCI's 47-country All World index was up for a 10th straight session. It is its longest winning streak since February 2015 and was showing little sign of fatigue even as bond yields – the key driver of global borrowing costs – edged higher again. They were lifted as oil prices held near 2 per cent gains made the previous session when falling U.S. crude inventories gave the market a lift ahead of a key OPEC meeting next week. Currently, the TSX is up 0.31% and the DOW is down 0.01%. EURCAD is up 0.34% trading between 1.4479 and 1.4595. GBPCAD is down 0.37% trading between 1.6315 and 1.6444. JPYCAD is down 0.18% trading between 0.01123 and 0.01126. Gold is down 0.28% trading between $1,235 and $1,242USD/oz., silver is down 0.21% trading between $16.15 and $16.33USD/oz., while oil is up 0.69% trading between $47.17 and $47.71.

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