Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver January 24, 2018

USDCAD spot rate: 1.2345 - 1.2350 (as at 8:00am PST)

Technical Support / Resistance:

Key Economic Data Releases:

- U.S. house price index: 0.4% (exp 0.3% / prev 0.6%)

- U.S. market mfg: 55.5 (exp 55.0 / prev 55.1)

- U.S. market services: 53.3 (exp 54.0 / prev 53.7)

Event Calendar:

The USD has fallen to a 3-year low and treasuries slumped after U.S. Secretary Steven Mnuchin endorsed a weaker greenback. Stocks rose as a strong earnings season continues to impress investors. Mnuchin's comments added pressure on a greenback that's been in the decline for a year, with effects rippling across markets as growth in European and emerging-nation economies continue to accelerate past America. The JPY pushed past 110 per dollar for the first time since September. Currently, the TSX is down 0.22% and the DOW is up 0.61%. EURCAD is up 0.05% trading between 1.5190 and 1.5303. GBPCAD is up 0.99% trading between 1.7385 and 1.7571. JPYCAD is up 0.16% trading between 0.01124 and 0.01129. Gold is up 0.84% trading between $1,339 and $1,355USD/oz., silver is up 1.72% trading between $16.98 and $17.43USD/oz., while oil is up 1.02% trading between $64.36 and $65.12.

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