Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver December 27, 2017
USDCAD spot rate: 1.2757 - 1.2762 (as at 7:56am PST)
| Ranges: | Asia: | 1.2659 | to | 1.2697 |
| Europe: | 1.2625 | to | 1.2673 | |
| North America: | 1.2625 | to | 1.2652 |
Technical Support / Resistance:
| S2 | S1 | R1 | R2 |
| 1.2540 | 1.2593 | 1.2716 | 1.2770 |
Key Economic Data Releases:
- U.S. pending home sales: 0.2% (exp -0.5% / prev 3.5%)
Event Calendar:
| Date | Canada | U.S.A. |
| Dec. 28 Dec. 29 | Chicago PMI, crude oil inventories |
Light holiday trading is expected to continue into the end of the week with no high-risk events or data releases. Commodity currencies are the day's biggest gainers so far with the USD/CAD trading near session lows testing 1.2625. Currently, the TSX is up 0.21% and the DOW is up 0.13%. EURCAD is up 0.10% trading between 1.5010 and 1.5069. GBPCAD is unchanged trading between 1.6932 and 1.6985. JPYCAD is down 0.38% trading between 0.01114 and 0.01120. Gold is up 0.28% trading between $1,281 and $1,287USD/oz., silver is up 0.91% trading between $16.47 and $16.71USD/oz., while oil is down 0.50% trading between $59.34 and $59.92.
Sources: Reuters, Bloomberg, FXStreet, RBC Capital Markets, Bank of Canada, U.S. Federal Reserve, CNBC, Forexlive, CME Group
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