Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver June 27, 2018

USDCAD spot rate: 1.3292 - 1.3297 (as at 8:03am PST)

Technical Support / Resistance:

Key Economic Data Releases:

- U.S. durable goods orders: -0.6% (exp -1.0% / prev -1.0%)

- U.S. pending home sales: -0.5% (exp 0.5% / prev -1.3%)

Event Calendar:

U.S. stocks rose after America appeared to retreat from the brink of full-blown trade war with China. Treasuries advanced with the dollar and oil gained. The S&P 500 headed for a second straight day of advances, while Caterpillar Inc. and Boeing Co. paced a 1 percent gain in the Dow Jones Industrial Average. Senior Trump administration officials said the U.S. will take a less confrontational than expected approach toward the Asian nation. Earlier, equities in Asia dropped, with Chinese equities extending their decline as the yuan slipped. The euro weakened as German chancellor Angela Merkel failed to resolve an inter-party clash over migration. West Texas Intermediate crude traded at a one-month high. Currently, the TSX is up 0.20% and the DOW is up 1.06%. EURCAD is down 0.54% trading between 1.5400 and 1.5534. GBPCAD is down 0.72% trading between 1.7449 and 1.7617. JPYCAD is down 0.44% trading between 0.01201 and 0.01213. Gold is down 0.24 trading between $1,253 and $1,259USD/oz., silver is down 0.36% trading between $16.14 and $16.30USD/oz., while oil is up 2.53% trading between $70.96 and $72.50.

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