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)

Ranges:

Asia:

1.3404

to

1.3420

Europe:

1.3400

to

1.3417

North America:

1.3394

to

1.3409

Technical Support / Resistance:

S2

S1

R1

R2

1.3300

1.3351

1.3450

1.3500

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:

Date

Canada

U.S.A.

June 18

June 19

June 20

June 21

Manufacturing shipments

CPI

Retail sales

Housing starts / building permits

Fed interest rate / economic projections

Jobless claims, Philly Fed manufacturing

Markit mfg. / services, existing home sales

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.

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