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

USDCAD spot rate: 1.2860 - 1.2865 (as at 8:10am PST)

Ranges:

Asia:

1.2944

to

1.2976

Europe:

1.2860

to

1.2960

North America:

1.2840

to

1.2876

Technical Support / Resistance:

S2

S1

R1

R2

1.2750

1.2800

1.2990

1.3025

Key Economic Data Releases:

- U.S. Initial jobless claims

- U.S. consumer price index

Event Calendar:

Date

Canada

U.S.A.

May 10

May 11

New housing price index

Net employment change, unemployment %

Consumer price index

Consumer sentiment index

Currently the TSX is up 0.30% and the Dow is up 0.19%. EURCAD is down 0.65% trading between 1.5250 and 1.5374. GBPCAD is down 0.51% trading between 1.7434 and 1.7562. JPYCAD is down 1.28% trading between 0.01170 and 0.01187. Gold is up 0.04% trading between $1,304 and $1,317USD/oz., silver is up 0.63% trading between $16.34 and $16.61USD/oz., while oil is up 2.17% trading between $70.15 and $71.26.

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

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