Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver May 15, 2018
USDCAD spot rate: 1.2910 - 1.2915 (as at 8:09am PST)
| Ranges: | Asia: | 1.2792 | to | 1.2823 |
| Europe: | 1.2795 | to | 1.2840 | |
| North America: | 1.2810 | to | 1.2924 |
Technical Support / Resistance:
| S2 | S1 | R1 | R2 |
| 1.2680 | 1.2780 | 1.2930 | 1.2975 |
Key Economic Data Releases:
- U.S. Retails sales 0.3% (0.3% exp.) 0.8% previous
Event Calendar:
| Date | Canada | U.S.A. |
| May 16 May 17 May 18 | Manufacturing shipments Int'l securities transactions Retail sales, CPI | Housing starts, industrial production Philly Fed manufacturing survey |
U.S. retail sales rose in broad fashion last month as bigger after-tax paychecks helped compensate for rising fuel costs, signaling consumer demand was off to a firm start this quarter. The value of sales increased 0.3 percent in April, matching the median forecast, after a 0.8 percent advance in the prior month that was stronger than initially reported, Commerce Department figures showed Tuesday. We have a RED start to the day as all markets are currently negative. Currently, the TSX is down 0.10% and the DOW is down 0.10%. EURCAD is unchanged trading between 1.5225 and 1.5298. GBPCAD is up 0.24% trading between 1.7315 and 1.7404. JPYCAD is up 0.55% trading between 0.01164 and 0.01171. Gold is down 1.15% trading between $1,291 and $1,314USD/oz., silver is down 1.23% trading between $16.20 and $16.55USD/oz., while oil is down 0.58% trading between $70.43 and $71.76.
Sources: Reuters, Bloomberg, FXStreet, RBC Capital Markets, Bank of Canada, U.S. Federal Reserve, CNBC, Forexlive, CME Group
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