Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver June 11, 2018

USDCAD spot rate: 1.2995 - 1.3000 (as at 7:52am PST)

Technical Support / Resistance:

Key Economic Data Releases:

- No major data releases

Event Calendar:

U.S. equities retreated from early highs while European stocks rose as investors eased into a hectic week, during which three major central banks set interest rates, President Donald Trump meets North Korea's leader and Brexit returns to the fore. In Europe, the mood was cautiously risk-on, with the Stoxx Europe 600 Index rising for the first time in five days and core European bonds slipping. The euro strengthened and Italian bonds and stocks jumped after the country's new finance minister confirmed his commitment to the common currency. The pound fell in what could be a key week for Theresa May's Brexit strategy, and as data showed a slump in U.K. manufacturing. The Federal Reserve is expected to raise interest rates Wednesday, while European Central Bank officials are poised to hold formal talks on ending its bond-buying program Thursday. The Bank of Japan meets Friday, with no change to policy expected. Currently, the TSX is up 0.32% and the DOW is up 0.02%. EURCAD is up 0.82% trading between 1.5272 and 1.5356. GBPCAD is up 0.45% trading between 1.7330 and 1.7426. JPYCAD is up 1.35% trading between 0.01177 and 0.01185. Gold is up 0.05% trading between $1,294 and $1,301USD/oz., silver is up 0.81% trading between $16.73 and $16.94USD/oz., while oil is up 0.07% trading between $64.86 and $64.85.

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