Daily Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver January 14, 2019

USDCAD spot rate: 1.3251 - 1.3256 (as at 7:57am PST)

Ranges:

Asia:

1.3253

to

1.3298

Europe:

1.3264

to

1.3287

North America:

1.3253

to

1.3279

Technical Support / Resistance:

S2

S1

R1

R2

1.3150

1.3206

1.3320

1.3370

Key Economic Data Releases:

- No major data releases

Event Calendar:

Date

Canada

U.S.A.

Jan 15

Jan 16

Jan 17

Jan 18

CPI, portfolio investment

Producer price index, NY Empire state mfg.

Retail sales

Philly Fed mfg. survey, initial jobless claims

Industrial production, consumer sentiment

U.S. stocks declined as weak Chinese trade data spurred concerns about slowing global growth. Treasuries rose and the USD dropped. The S&P 500 fell after rising for a third straight week Friday, led by technology shares after slumping Chinese exports fueled worries about the growing impact of the U.S.-China trade war on worldwide growth. PG&E plunged after the utility said it will file for bankruptcy in California and its chief executive officer will exit. Citigroup advanced after reporting earnings, helping to lift banks. The 10-year Treasury yield dropped for a second session, while the dollar fell against most peers. In Europe, the Stoxx Europe 600 Index snapped four days of gains, dragged lower by technology companies. The euro was steady after data showed industrial output slowed, while the pound edged higher before Tuesday's crucial vote on Brexit. Currently, the TSX is up 0.04% while the DOW is down 0.38%. EURCAD is up 0.09% trading between 1.5195 and 1.5252. GBPCAD is up 0.22% trading between 1.7005 and 1.7095. JPYCAD is up 0.16% trading between 0.01222 and 0.01292. Gold is up 0.25% trading between $1,287 and $1,295USD/oz, silver is up 0.38% trading between $15.54 and $15.65USD/oz, while oil is unchanged trading between $50.50 and $51.80.

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

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