Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver November 28, 2017


USDCAD spot rate: 1.2805 - 1.2810 (as at 7:16am PST)

Ranges:

Asia:

1.2754

to

1.2776

Europe:

1.2760

to

1.2807

North America:

1.2785

to

1.2810

Technical Support / Resistance:

S2

S1

R1

R2

1.2700

1.2750

1.2820

1.2880

Key Economic Data Releases:

- U.S. wholesale inventories -0.4% (0.5% exp.) 0.1% previous

Key Event Calendar:

Date

Canada

U.S.A.

Nov. 29

Nov. 30

Dec. 1

Current account

Net employment change, unemployment rate, GDP (Sept), GDP Q3 annualized, RBC mfg. PMI

GDP Q3, pending home sales

PCE price index, personal income / spending

ISM manufacturing PMI

U.S. stocks on Tuesday have edged higher at the open, putting the main indexes on track to hang around record territory. Investors are waiting for a flurry of Federal Reserve speeches and economic releases, including remarks before lawmakers from Jerome Powell, President Donald Trump's pick to run the U.S. central bank. Meanwhile the U.K.'s major banks are well positioned to weather sharp economic downturns, including a chaotic exit from the European Union, according to the Bank of England. Currently, the TSX is up 0.20% and the DOW is up 0.24%. EURCAD is up 0.10% trading between 1.5170 and 1.5232. GBPCAD is down 0.14% trading between 1.6979 and 1.7041. JPYCAD is up 0.11% trading between 0.01146 and 0.01151. Gold is down 0.50% trading between $1,291 and $1,296USD/oz., silver is down 0.73% trading between $16.76 and $17.12USD/oz., while oil down 0.38% trading between $57.43 and $57.96.

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



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