Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver November 15, 2017

USDCAD spot rate: 1.2770 - 1.2775 (as at 8:07am PST)

Ranges:

Asia:

1.2712

to

1.2754

Europe:

1.2711

to

1.2767

North America:

1.2748

to

1.2791

Technical Support / Resistance:

S2

S1

R1

R2

1.26

1.2680

1.2800

1.2850

Key Economic Data Releases:

- U.S. retail sales: 0.2% (exp 0.00% / prev 1.9%)

- U.S. consumer price index: 2.0% (exp 2.0% / prev 2.2%)

Key Event Calendar:

Date

Canada

U.S.A.

Nov. 16

Nov. 17

Foreign/Canadian portfolio investment securities

Retails sales, consumer price index

Initial jobless claims, export/import price index

Building permits, housing starts,

A bout of volatility swept into markets as equities fell around the world and bonds advanced. The latest inflation data in the U.S. did little to change views on Federal Reserve policy. The USD remained lower even after core inflation picked up for the first time since January. Retail sales signaled strong demand from consumers, but bonds remained higher, with the flattest American yield curve in a decade raising concern that growth will slow. Meanwhile, a selloff in high-yield credit continued, with an index of sub-investment grade European credit default swaps rising. Currently, the TSX is down 0.30% and the DOW is down 0.41%. EURCAD is up 0.47% trading between 1.5000 and 1.5125. GBPCAD is up 0.45% trading between 1.6709 and 1.6851. JPYCAD is up 0.67% trading between 0.01122 and 0.01134 Gold is down 0.02% trading between $1,278 and $1,289USD/oz., silver is up 0.01% trading between $16.98 and $17.19USD/oz., while oil is down 2.73% trading between $54.98 and $55.32.

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

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