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

USDCAD spot rate: 1.3330 - 1.3135 (as at 7:23am PST)

Ranges:

Asia:

1.3300

To

1.3318

Europe:

1.3305

To

1.3339

North America:

1.3321

To

1.3347

Technical Support / Resistance:

S2

S1

R1

R2

1.3250

1.3300

1.3397

1.3460

Key Economic Data Releases:

- U.S. Initial jobless claims 229k (225k exp.) 223k previous

Event Calendar:

Date

Canada

U.S.A.

Mar 15

Manufacturing shipments

Industrial production, consumer sentiment

U.S. stocks fluctuated after a three-day rally, while the dollar surged amid concern a trade deal with China remains elusive. The pound fell as the Brexit saga rumbled on. The S&P 500 swung between losses and gains amid news a meeting between President Donald Trump and President Xi Jinping to sign an agreement ending the trade war is now likely to happen in April at the earliest. The index had jumped 2.5 percent in the prior three days, pushing past the 2,800 level that had capped prior advances. Currently, the TSX is down 0.15% and the DJIA is up 0.06%. EURCAD is down 0.10% trading between 1.5054 and 1.5090. GBPCAD is down 0.15% trading between 1.7600 and 1.7745. JPYCAD is down 0.30% trading between 0.01191 and 0.01196. Gold is down 1.37% trading between $1,292 and $1,309USD/oz, silver is down 1.59% trading between $15.14 and $15.45USD/oz, while oil is up 0.46% trading between $58.01 and $58.66.

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

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