Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver January 11, 2018
USDCAD spot rate: 1.2540 - 1.2545 (as at 8:12am PST)
| Ranges: | Asia: | 1.2526 | to | 1.2577 |
| Europe: | 1.2535 | to | 1.2590 | |
| North America: | 1.2530 | to | 1.2560 |
Technical Support / Resistance:
| S2 | S1 | R1 | R2 |
| 1.2450 | 1.2503 | 1.2615 | 1.2665 |
Key Economic Data Releases:
- U.S. Initial jobless claims 261k (245k exp.) 250k previous
- U.S. Producer Price index 2.6% (3.0% exp.) 3.1% previous
E7vent Calendar:
| Date | Canada | U.S.A. |
| Jan.11 Jan.12 | New housing price index | Producer price index CPI, retail sales |
U.S. stocks rebounded from the first retreat of the year, as energy shares surged with the price of crude at a three-year high. Treasuries held steady and the dollar fell versus the euro after wholesale-price data cooled inflation expectations. Meanwhile US initial jobless claims reached its highest level in 3 months. Currently, the TSX is up 0.13% while the DOW is up 0.31%. EURCAD is up 0.74% trading between 1.4970 and 1.5130. GBPCAD is up 0.24% trading between 1.6918 and 1.7002. JPYCAD is up 0.57% trading between 0.01122 and 0.01127. Gold is up 0.57% trading between $1,315 and $1,323USD/oz. silver is up 0.51% trading between $16.94 and $17.05USD/oz., while oil is up 1.52% trading between $63.44 and $64.49.
Sources: Reuters, Bloomberg, FXStreet, RBC Capital Markets, Bank of Canada, U.S. Federal Reserve, CNBC, Forexlive, CME Group
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