Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver June 12, 2018

USDCAD spot rate: 1.2995 - 1.3000 (as at 7:22am PST)

Technical Support / Resistance:

Key Economic Data Releases:

- U.S. CPI 2.8% (2.7% exp.) 2.5% previous

Event Calendar:

The meeting between President Donald Trump and Kim Jong Un was met with a collective shrug by global markets, which appear to be more fixated on a host of macro events and data due in a few days. The S&P 500 Index rose slightly early Tuesday, while the Dow Jones Industrial Average slipped and yields on 10-year Treasuries pushed closer to the 3 percent threshold. Safe-haven assets edged lower as Trump and Kim signed a document pledging to work toward peace on the Korean peninsula. There was never much prospect of the summit triggering a large market reaction, except perhaps in the event of a shock outcome. A seemingly certain Federal Reserve rate increase on Wednesday, plus the prospect of a hawkish European Central Bank tilt on Thursday, tease far more concrete developments for traders. Tuesday's U.S. inflation figures -- which were in line with estimates -- may even reignite the four-hikes-in-2018 debate ahead of the Fed's decision. Currently, the TSX is down 0.12% and the DOW is down 0.08%. EURCAD is up 0.22% trading between 1.5259 and 1.5345. GBPCAD is up 0.05% trading between 1.7352 and 1.7439. JPYCAD is up 0.35% trading between 0.01176 and 0.01180. Gold is up 0.25% trading between $1,293 and $1,299USD/oz., silver is up 0.01% trading between $16.74 and $16.91USD/oz., while oil is up 0.77% trading between $65.88 and $66.59.

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