Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver November 14, 2017

USDCAD spot rate: 1.2750 - 1.2755 (as at 7:11am PST)

Ranges:

Asia:

1.2730

to

1.2749

Europe:

1.2692

to

1.2757

North America:

1.2720

to

1.2750

Technical Support / Resistance:

S2

S1

R1

R2

1.26

1.2680

1.2760

1.2800

Key Economic Data Releases:

- U.S. P.P.I. 2.8% (2.4% exp.) 2.6% previous

Key Event Calendar:

Date

Canada

U.S.A.

Nov. 15

Nov. 16

Nov. 17

Foreign/Canadian portfolio investment securities

Retails sales, consumer price index

Retail sales, consumer price index

Initial jobless claims, export/import price index

Building permits, housing starts,

Strong German economic growth data drove the euro to a three-week high on Tuesday and gave European stocks a lift after five days of falls put them at a two-month low. The uplift to sentiment came after disappointing Chinese industrial and retail figures had subdued Asia, with investors also pondering whether a marked flattening in the U.S. yield curve might be a harbinger of a global slowdown. Currently, the TSX is down 0.46% and the DOW is down 0.52%. EURCAD is up 0.95% trading between 1.4851 and 1.4991. GBPCAD is up 0.14% trading between 1.6639 and 1.6736. JPYCAD is up 0.57% trading between 0.01119 and 0.01125 Gold is up 0.50% trading between $1,269 and $1,282USD/oz., silver is up 0.25% trading between $16.87 and $17.09USD/oz., while oil is down 0.98% trading between $56.13 and $56.72.

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

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