Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver July 17, 2018

USDCAD spot rate: 1.3180 - 1.3185 (as at 7:18am PST)

Ranges:

Asia:

1.3120

to

1.3149

Europe:

1.3112

to

1.3160

North America:

1.3150

to

1.3188

Technical Support / Resistance:

S2

S1

R1

R2

1.3060

1.3100

1.3220

1.3270

Key Economic Data Releases:

- U.S. Industrial Production 0.6% (0.6% exp.) -0.5% previous

- Canadian Mfg. shipments 1.4% (0.5% exp.) -1.1% previous

Event Calendar:

Date

Canada

U.S.A.

July 18

July 19

July 20

Retail sales, CPI

Housing starts, building permits

Philly Fed manufacturing survey

U.S. technology shares fell as disappointing subscriber growth from Netflix threw a wet blanket over the rest of the FAANG stocks. The dollar strengthened as Federal Reserve Chairman Jerome Powell made the case for further tightening before a U.S. Senate panel. The Nasdaq 100 slumped for a second day, as Netflix helped to drag down Facebook, Apple, Amazon and Google parent Alphabet. Results from Goldman Sachs narrowly beat investor expectations, while trading revenue disappointed. On the Stoxx Europe 600 Index, gains in mining and chemicals shares were outweighed by declines in telecommunications and household goods. Currently, the TSX is down 0.25% while the DJIA is down 0.12%. EURCAD is unchanged trading between 1.5360 and 1.5420. GBPCAD is down 0.15% trading between 1.7296 and 1.7420 . JPYCAD is up 0.34% trading between 0.01167 and 0.01169 . Gold is down 0.40% trading between $1,231 and $1,245USD/oz., silver is down 0.97% trading between $15.54 and $15.86USD/oz., while oil is down 0.95% trading between $67.25 and $68.36.

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.