Daily Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver February 11, 2019

USDCAD spot rate: 1.3290 - 1.3295 (as at 9:45am PST)

Ranges:

Asia:

1.3272

to

1.3298

Europe:

1.3261

to

1.3293

North America:

1.3269

to

1.3318

Technical Support / Resistance:

S2

S1

R1

R2

1.3175

1.3228

1.3324

1.3370

Key Economic Data Releases:

- No major data releases

Event Calendar:

Date

Canada

U.S.A.

Feb 12

Feb 13

Feb 14

Feb 15

Manufacturing shipments

Consumer price index

Retail sales, producer price index

Industrial production, consumer sentiment index

U.S. equities were mixed at the start of a week that could be pivotal for global trade, while lawmakers in Washington continue to negotiate a contentious spending bill. The dollar strengthened for an 8th day. The S&P 500 was little changed Monday after starting the session higher. Stocks are coming off a lackluster week, with investors awaiting high-level U.S.-China trade talks. The threat of a shutdown in Washington is also in focus, as political tensions flare between Congress and the president. Volumes have been lower than average all session, and some investors may be sitting on the sidelines waiting for more potent market catalysts to emerge. Equities gained in China as exchanges reopened after a holiday. Trading in the rest of Asia was mixed. Trade tensions are ratcheting up as investors evaluate the prospects for a U.S.-China deal before the March 1 deadline for higher tariffs, as warnings mount that the dispute is curbing the global economic expansion and denting corporate profits. Japan's securities markets were shut for a holiday, and the yen weakened. Currently, the TSX is down 0.12% and the DOW is down 0.04%. EURCAD is down 0.30% trading between 1.4980 and 1.5054. GBPCAD is down 0.52% trading between 1.7085 and 1.7193. JPYCAD is down 0.53% trading between 0.01203 and 0.01209. Gold is down 0.42% trading between $1,303 and $1,314USD/oz, silver is down 0.57% trading between $15.66 and $15.854USD/oz, while oil is down 1.46% trading between $51.25 and $52.61.

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

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