Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver January 3, 2018
USDCAD spot rate: 1.2535 - 1.2540 (as at 8:45am PST)
| Ranges: | Asia: | 1.2498 | to | 1.2532 |
| Europe: | 1.2499 | to | 1.2530 | |
| North America: | 1.2518 | to | 1.2539 |
Technical Support / Resistance:
| S2 | S1 | R1 | R2 |
| 1.2445 | 1.2495 | 1.2560 | 1.2600 |
Key Economic Data Releases:
- U.S. ISM manufacturing PMI: 59.7 (exp 58.1 / prev 58.2)
- U.S. Fed minutes 11am
Event Calendar:
| Date | Canada | U.S.A. |
| Jan.04 Jan.05 | Unemployment rate | ADP Employment change, jobless claims Unemployment rate |
At 11am, the minutes from December's rate-hike Federal Reserve meeting will be published, with investors looking for hints of any increased hawkishness amid an uptick in market-derived inflation expectations. The biggest shakeup to European financial regulation in a decade comes into force today, a "Big Bang" that will transform the market landscape. This morning, European stock trading volumes are about 25% lower than the 30-day average with investors across a slew of asset classes cautious as the new rules take effect. Currently, the TSX is up 0.32% and the DOW is up 0.24%. EURCAD is down 0.14% trading between 1.5030 and 1.5092. GBPCAD is down 0.37% trading between 1.6911 and 1.7031. JPYCAD is up 0.17% trading between 0.01113 and 0.01116. Gold is down 0.30% trading between $1,311 and $1,321USD/oz., silver is up 0.08% trading between $17.02 and $17.20USD/oz., while oil is up 1.80% trading between $60.28 and $61.46.
Sources: Reuters, Bloomberg, FXStreet, RBC Capital Markets, Bank of Canada, U.S. Federal Reserve, CNBC, Forexlive, CME Group
Follow us
Disclaimer
The information and opinions contained herein are gathered from sources which are thought to be reliable but the reader should not assume that the information and opinions are official or final. VBCE makes no warranty concerning the accuracy of the information and opinions, and accepts no liability for the consequences of any actions taken on the basis of the information and opinions provided. The content is for general information only and does not constitute in anyway giving financial advice.
