Daily foreign exchange rates for our top 10 currencies & Update #forex #Vancouver June 17, 2019

USDCAD spot rate: 1.3400 - 1.3405 (as at 8:16am PST)

Technical Support / Resistance:

Key Economic Data Releases:

- Canadian foreign portfolio investment in Canadian securities: $-12.80B (prev $-1.56B)

- Canadian portfolio investment in foreign securities: $-0.19B (prev $1.31B)

Event Calendar:

U.S equities gained, led by FANG shares while European stocks pared losses following a mixed session in Asia as a big week for central-bank policy gets underway. The dollar weakened after a Federal Reserve survey of factories in New York State plunged in June by most on record, before trimming its loss. Treasuries pared a drop on the news, but they stayed lower alongside European bonds as investors looked ahead to a week in which the Fed, the Bank of Japan and the Bank of England all set monetary policy. Investors will be scrutinizing the Fed's decision on Wednesday for signals in the chances of rate cuts ahead. We'll find out on Wednesday if the market is right about how dovish it is when it comes to monetary policy. Currently, the TSX is up 0.19% and the DJIA is up 0.18%. EURCAD is up 0.07% trading between 1.5021 and 1.5077. GBPCAD is down 0.37% trading between 1.6820 and 1.6904. JPYCAD is down 0.17% trading between 0.01232 and 0.01236. Gold is down 0.17% trading between $1,333 and $1,343USD/oz, silver is up 0.19% trading between $14.77 and $14.90USD/oz, while oil (WTI crude) is down 0.17% trading between $51.78 and $52.72.