Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver August 13, 2018

USDCAD spot rate: 1.3105 - 1.3110 (as at 7:53am PST)

Ranges:

Asia:

1.3143

to

1.3169

Europe:

1.3115

to

1.3172

North America:

1.3102

to

1.3132

Technical Support / Resistance:

S2

S1

R1

R2

1.3025

1.3076

1.3211

1.3265

Key Economic Data Releases:

- No major date releases

Event Calendar:

Date

Canada

U.S.A.

Aug 14

Aug 15

Aug 16

Aug 17

Manufacturing shipments

CPI, net int'l securities transactions

Retail sales, industrial production

Housing starts, building permits

Consumer sentiment index

U.S. stocks climbed and European shares reversed earlier losses to trade higher as investors tried to gauge how the economic crisis in Turkey could bleed into global markets. Most major U.S. equity benchmarks were higher in light summer trading, led by the Nasdaq 100 Index. Volume on the S&P 500 Index was down nearly 20 percent from normal for this time of day. The Stoxx Europe 600 Index recovered from its lows but was still dragged down by banks, which are heavily exposed to borrowers in Turkey. Treasuries dipped and Italian bonds led a slump in European peripheral debt. Gold fell with oil. The Turkish lira tumbled again alongside the country's equities after President Recep Tayyip Erdogan maintained his defiance toward both the U.S. and financial-market orthodoxy in speeches on Sunday. Central bank moves to boost liquidity provided little relief. The pain spread across emerging-market assets and the South African rand touched the lowest since June 2016. Currently, the TSX is up 0.15% and the DOW is up 0.11% EURCAD is down 0.06% trading between 1.4954 and 1.5012. GBPCAD is down 0.11% trading between 1.6750 and 1.6806. JPYCAD is down 0.25% trading between 0.01181 and 0.01195. Gold is down 1.12% trading between $1,194 and $1,213USD/oz., silver is down 0.54% trading between $15.08 and $15.33USD/oz., while oil is down 0.32% trading between $66.93 and $67.81.

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

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