Daily Foreign Exchange Rates & Update

Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver December 19, 2017

USDCAD spot rate: 1.2890 - 1.2895 (as at 8:45am PST)

Ranges:	Asia:	1.2850	to	1.2880
	Europe:	1.2849	to	1.2881
	North America:	1.2855	to	1.2905

Technical Support / Resistance:

S2	S1	R1	R2
1.2750	1.2840	1.2915	1.2955

Key Economic Data Releases:

- US Housing starts 1.297M (1.250M exp.) 1.256M previous

- US Building permits 1.298M (1.273Mexp.) 1.316M previous

Event Calendar:

Date

Canada

U.S.A.

Dec. 20

Dec. 21

Dec. 22

Wholesale sales

CPI, retail sales, ADP employment

GDP (Oct.)

Existing home sales

GDP Q3, Philly Fed manufacturing

Durable goods orders, new home sales

U.S. stocks were set for a positive trading day on Tuesday, just a day after scoring records all around on rising expectations the highly anticipated tax bill will get its final signoff this week. There is word that the Senate could vote on the measures as early as tonight. Currently, the TSX and the DJIA are up 0.09% and 0.05% respectively. EURCAD is up 0.35% trading between 1.5148 and 1.5253. GBPCAD is up 0.05% trading between 1.7168 and 1.7236. JPYCAD is down 0.10% trading between 0.01140 and 0.01143. Gold is down 0.03% trading between $1,260 and $1,265USD/oz., silver is down 0.03% trading between $16.08 and $16.22USD/oz., while oil is up 0.35% trading between $57.23 and $57.61.

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

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