Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver January 23, 2018
USDCAD spot rate: 1.2475 - 1.2480 (as at 8:25am PST)
| Ranges: | Asia: | 1.2437 | to | 1.2490 |
| Europe: | 1.2460 | to | 1.2485 | |
| North America: | 1.2464 | to | 1.2480 |
Technical Support / Resistance:
| S2 | S1 | R1 | R2 |
| 1.2360 | 1.2430 | 1.2500 | 1.2580 |
Key Economic Data Releases:
- No major data releases
Event Calendar:
| Date | Canada | U.S.A. |
| Jan. 24 Jan.25 Jan.26 | Retail sales CPI | House price index, Markit mfg / services New home sales GDP (Q4) annualized, durable goods orders |
U.S. stocks fluctuated as investors assessed earnings and fresh tariffs, while Treasuries rose with the dollar after the Bank of Japan signaled it'll maintain stimulus. Meanwhile Canada and the other TPP members have agreed on a revised deal without the US. Currently, the TSX is down 0.30% and the DOW is down 0.18%. EURCAD is up 0.33% trading between 1.5250 and 1.5320. GBPCAD is up 0.16 trading between 1.7363 and 1.7459. JPYCAD is up 0.76% trading between 0.01120 and 0.01130. Gold is up 0.75% trading between $1,331 and $1,338USD/oz., silver is up 1.17% trading between $16.75 and $17.09USD/oz., while oil is up 0.77% trading between $63.73 and $64.26.
Sources: Reuters, Bloomberg, FXStreet, RBC Capital Markets, Bank of Canada, U.S. Federal Reserve, CNBC, Forexlive, CME Group
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