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