Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver November 23, 2017

USDCAD spot rate: 1.2715 - 1.2720 (as at 8:00am PST)

Technical Support / Resistance:

Key Economic Data Releases:

- U.S. Thanksgiving

- Canadian Retail sales 0.1% (0.9% exp.) -0.1% previous

Key Event Calendar:

The US dollar was on the defensive Thursday after suffering its worst drubbing in five months, as the biggest slump in Chinese stocks in almost two years took the shine off another record high in the global bull run. The near 3 per cent drop in China came as its recent bond markets worries bled into equities and added to Europe's subdued mood as its main bourses opened in the red for the 10th day in the last 13. North America will see thin currency trading today as US Markets are closed for Thanksgiving. Currently, the TSX is up 0.11% while the DOW is closed. EURCAD is up 0.61% trading between 1.5000 and 1.5075. GBPCAD is up 0.08% trading between 1.6855 and 1.6940. JPYCAD is up 0.19 trading between 0.01139 and 0.01143. Gold is down 0.23% trading between $1,287 and $1,293USD/oz., silver is down 0.34% trading between $17.06 and $17.16USD/oz., while oil is up 0.26% trading between $57.77 and $58.30.

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