Daily Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver April 18, 2019

USDCAD spot rate: 1.3380 - 1.3385 (as at 7:27am PST)

Ranges:

Asia:

1.3308

to

1.3373

Europe:

1.3274

to

1.3341

North America:

1.3318

to

1.3340

Technical Support / Resistance:

S2

S1

R1

R2

1.3200

1.3240

1.3385

1.3445

Key Economic Data Releases:

- U.S. Retail Sales 1.6% (0.9% exp.) -0.2% previous

- U.S. Initial jobless claims 192k (205k exp.) 197k previous

Event Calendar:

Date

Canada

U.S.A.

Apr 19

Good Friday

Housing starts, building permits

U.S. retail sales jumped by the most since September 2017 as gains in motor vehicles and gasoline stations boosted sales, signaling consumers are giving the economy greater support. The value of overall sales in March rose 1.6 percent after an unrevised 0.2 percent decrease the prior month, according to Commerce Department figures released Thursday. That exceeded all forecasts in Bloomberg's survey calling for a 1 percent gain. A separate report Thursday from the Labor Department showed filings for unemployment benefits fell last week to a fresh a 49-year low. Currently, the TSX is up 0.34% and the DJIA is up 0.19%. EURCAD is down 0.11% trading between 1.5026 and 1.5096. GBPCAD is down 0.03% trading between 1.7363 and 1.7430. JPYCAD is up 0.44% trading between 0.01191 and 0.01196. Gold is up 0.23% trading between $1,271 and $1,277USD/oz, silver is down 0.01% trading between $14.93 and $15.02USD/oz, while oil (WTI crude) is down 0.11% trading between $63.49 and $64.14.

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

B90fe1ad36

Follow us




Follow us on Twitter @vbcefx


Disclaimer


The information and opinions contained herein are gathered from sources which are thought to be reliable but the reader should not assume that the information and opinions are official or final. VBCE makes no warranty concerning the accuracy of the information and opinions, and accepts no liability for the consequences of any actions taken on the basis of the information and opinions provided. The content is for general information only and does not constitute in anyway giving financial advice.