Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver June 14, 2018


USDCAD spot rate: 1.3000 - 1.3005 (as at 7:22am PST)

Ranges:

Asia:

1.2968

to

1.2995

Europe:

1.2947

to

1.2990

North America:

1.2965

to

1.3013

Technical Support / Resistance:

S2

S1

R1

R2

1.2855

1.2930

1.3051

1.3100

Key Economic Data Releases:

- U.S. Retail Sales 0.9% (0.5% exp.) 0.4% previous

- U.S. Initial Jobless claims 218k ( 224k exp.) 222k previous

Event Calendar:

Date

Canada

U.S.A.

June 15

Manufacturing shipments

Industrial production

U.S. equities opened higher, following European stocks, after the ECB delivered a somewhat dovish message to investors who had been reeling from disappointing China data and the Fed's hawkish shift. The S&P 500 Index rose Thursday morning, led by consumer and technology shares. The dollar hit a seven-month high and 10-year Treasury yields tightened. The Stoxx Europe 600 Index climbed after the region's central bank held interest rates and signaled in a statement stimulus may last until the end of the year and rates will remain steady until at least the summer of 2019. The euro slumped and government bonds rallied.

Currently, the TSX is up 0.18% and the DOW is up 0.41%. EURCAD is down 1.06% trading between 1.5119 and 1.5397. GBPCAD is down 0.48% trading between 1.7281 and 1.7468. JPYCAD is up 0.25% trading between 0.01176 and 0.01182. Gold is up 0.30% trading between $1,295 and $1,310USD/oz., silver is up 0.93% trading between $16.88 and $17.18USD/oz., while oil is up 0.48% trading between $65.74 and $66.98.

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

083e3d7a6b

Follow us




Follow us on Twitter @vbcefx


Disclaimer


The information and opinions contained herein are gathered from sources which are thought to be reliable but the reader should not assume that the information and opinions are official or final. VBCE makes no warranty concerning the accuracy of the information and opinions, and accepts no liability for the consequences of any actions taken on the basis of the information and opinions provided. The content is for general information only and does not constitute in anyway giving financial advice.