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

VBCE Daily Foreign Exchange Update for Thursday, April 11 2019

USDCAD spot rate: 1.3375 - 1.3380 (as at 7:18am PST)

Technical Support / Resistance:

Key Economic Data Releases:

-U.S. Initial Jobless Claims 196k (211k Exp.) 204k previous

-U.S. producer price index 0.6% (0.3% exp.) 0.1% previous

Event Calendar:

Treasuries ended a two-day rally and the dollar advanced as data confirmed the economy remains on solid footing at the same time inflation is muted. Stocks were mixed ahead of the start of earnings seasons. The 10-year Treasury yield rose toward 2.50 percent after data showed a strong U.S. labor market and tepid price gains, boosting confidence the Federal Reserve can remain in its patient stance toward rates. The pound fell as Prime Minister Theresa May accepted the European Union's offer to push the Brexit deadline out six months. The S&P 500 was little changed as it neared the key level of 2,900 and closed within 1.5 percent of its all-time high.

Currently, the TSX and the DJIA are higher on the day by about 0.15% . EURCAD is unchanged trading between 1.5012 and 1.5087. GBPCAD is down 0.05% trading between 1.7434 and 1.7520. JPYCAD is up 0.05%trading between 0.01198 and 0.01203 . Gold is down 0.75% trading between $1,294 and $1,308USD/oz, silver is down 0.87% trading between $14.99 and $15.25USD/oz. Oil (WTI crude) is down 0.77% trading between $63.68 and $64.44.