Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver December 14, 2017
USDCAD spot rate: 1.2855 - 1.2860 (as at 7:43am PST)
| Ranges: | Asia: | 1.2802 | to | 1.2825 |
| Europe: | 1.2814 | to | 1.2865 | |
| North America: | 1.2832 | to | 1.2860 |
Technical Support / Resistance:
| S2 | S1 | R1 | R2 |
| 1.2650 | 1.2802 | 1.2870 | 1.2908 |
Key Economic Data Releases:
- U.S. Retail Sales 0.8% (0.3% exp.) 0.3% previous
- U.S. Initial jobless claims 225k (239k exp.) 236k previous
Event Calendar:
| Date | Canada | U.S.A. |
| Dec. 14 Dec. 15 | Manufacturing sales | Retail sales Industrial production |
U.S. stocks rose toward records and the US dollar gained amid continued optimism on the economy's strength after retail sales topped estimates. Yesterdays Fed meeting turned out to be a nonevent. The euro turned lower as the European Central Bank remained cautious about the prospects for reaching its inflation goals. Currently, the TSX and the DJIA are up 0.07% and 0.25% respectively. EURCAD is down 0.30% trading between 1.5149 and 1.5227. GBPCAD is up 0.35% trading between 1.7169 and 1.7297. JPYCAD is up 0.25% trading between 0.01135 and 0.01140. Gold is down 0.49% trading between $1,250 and $1,259USD/oz., silver is down 1.40% trading between $15.84 and $16.12USD/oz., while oil is down 1.15% trading between $56.10 and $56.90.
Sources: Reuters, Bloomberg, FXStreet, RBC Capital Markets, Bank of Canada, U.S. Federal Reserve, CNBC, Forexlive, CME Group
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