Daily Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver April 16, 2019

USDCAD spot rate: 1.3375 - 1.3380 (as at 7:20am PST)

Ranges:

Asia:

1.3369

to

1.3393

Europe:

1.3374

to

1.3403

North America:

1.3363

to

1.3384

Technical Support / Resistance:

S2

S1

R1

R2

1.3240

1.3291

1.3410

1.3445

Key Economic Data Releases:

- U.S. Industrial Production -0.1% (0.2% exp.) 0.1% previous

Event Calendar:

Date

Canada

U.S.A.

Apr 17

Apr 18

Apr 19

Int'l merchandise trade, CPI

Retail sales

Good Friday

Housing starts, building permits, trade balance

Retail sales, Philadelphia Fed mfg. survey

U.S. stocks edged toward all-time highs as investors sifted through a group of high-profile earnings for clues on the strength of the American economy. The 10-year Treasury yield reached its highest level since the March Federal Reserve meeting.Treasuries continued to slump, with rates reclaiming levels last seen before the Fed's dovish tilt a month ago. In Europe, equities climbed for a fifth day, driven by insurance and financial services firms. In Asia, shares in China and Hong Kong outperformed markets in Japan and South Korea. The euro pared a decline after Bloomberg reported that European Central Bank officials are said to lack enthusiasm for any revamp of their negative-interest rate tool.Currently, the TSX is up 0.23% and the DJIA is up 0.24%. EURCAD is down 0.03% trading between 1.5090 and 1.5154. GBPCAD is down 0.34% trading between 1.7445 and 1.7539. JPYCAD is down 0.33% trading between 0.01193 and 0.01196. Gold is down 1.21% trading between $1,273 and $1,288USD/oz, silver is down 0.32% trading between $14.88 and $15.02USD/oz, while oil (WTI crude) is down 0.26% trading between $63.01 and $63.78.

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

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