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Today's Forex News

USD/CAD advances to near 1.4000 following a notable 115% reciprocal tariff reduction

USD/CAD continues its upward momentum for the fourth consecutive session, trading around 1.3980 during European hours on Monday. The US Dollar Index (DXY), which tracks the US Dollar (USD) against a basket of six major currencies, is also on the rise, hovering near 101.60 at the time of writing.FX Street2025-05-12

USD, JPY, CAD and Gold Futures: Weekly COT Report Highlights (12 May 2025)

Positioning on the US dollar continues to suggest an oversold market. USD/CAD is rebounding in line with my bias, and large speculators have began betting against the Japanese yen.Forexcom2025-05-12

GBP/CAD Forecast: Pound Sterling Bolstered vs Loonie Dollar Despite BoE Interest Rate Cut

Looking ahead to this week, the Pound Canadian Dollar exchange rate (GBP/CAD) will likely be primarily driven by economic data from the UK, amid an absence of any notable releases from Canada. In the UK, key data releases include unemployment figures on Tuesday and GDP results on Thursday.ExchangeRates2025-05-12

U.S. Dollar Soars As U.S. And China Reduce Tariffs: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

Forex traders react to successful trade talks between U.S. and China.FXEmpire2025-05-12

CAD is down ‘only' 0.3% vs. USD and a relative outperformer – Scotiabank

The Canadian Dollar (CAD) is weak, down 0.3% vs. the US Dollar (USD) but a relative outperformer against all of the G10 currencies with the CAD's peer currencies showing much greater declines in response to the US/China trade détente, Scotiabank's Chief FX Strategist Shaun Osborne notes.FX Street2025-05-12

USD/CAD extends gains on trade optimism, policy divergence, and upcoming US data

The US Dollar (USD) is trading higher against the Canadian Dollar (CAD) at the start of the week, supported by renewed risk appetite following a US–China trade agreement, diverging interest rate expectations, and anticipation of major US economic data. FX Street2025-05-12

Additional News:

USD/CAD Outlook: The Loonie Weakens After Temporary Pause in Trade War

The past four trading sessions have been key for USD/CAD movements, with a new short-term bullish bias emerging as the pair has gained over 1.5% in favor of the U.S. dollar.Forexcom2025-05-12

EUR/CAD Price Analysis: Euro steadies near 1.5600 as bearish pressure builds

The EUR/CAD pair traded near the 1.5600 zone on Monday, reflecting a minor loss after the European session as selling pressure persisted. The pair remains within the middle of its daily range, suggesting cautious sentiment as traders assess the broader outlook.FX Street2025-05-12


Currency Exchange Dauphin - FAQ

Currency exchange in Dauphin is limit to banks or credit unions, kiosks and dealers. Shopping around for currency exchange service if the exchange amount is over $500 Canadain for most customers. Make sure to compare rate at the same time, ask fee structure beside exchange and inquire about time frame to settle the fund.

Each currency exchange dealers, which include banks, credit unions and other dealers, offer similar but different rate. The difference is getting more significantly, when the exchange amount is getter larger, such as over $10,000 Canadian dollar. Shop around is still the best way to get the best currency exchange rate. Please make sure when you compare the rate, ask when the money will be available, what is other fees. The general idea is the more convenient locaiton, the worse rate applied.

Dauphin (French for "heir to the French throne", see Dauphin of France) is a city in Manitoba, Canada, with a population of 8,457 as of the 2016 Canadian Census, with an additional 2,388 living in the surrounding Rural Municipality of Dauphin, for a total of 10,845 in the RM and City combined.[2] Dauphin is Manitoba's 9th largest community and serves as a hub to the province's Parkland Region.[3] The current mayor of Dauphin is Allen Dowhan. Conservative Robert Sopuck has been the member of Parliament for the Dauphin—Swan River—Marquette riding since November 2010. Progressive Conservative Brad Michaleski is the current member of the Legislative Assembly. Dauphin plays host to several summer festivals, including Dauphin's Countryfest and Canada's National Ukrainian Festival. Dauphin is known as the "Garden Capital of Manitoba." Dauphin is served by Provincial Trunk Highways 5, 10 and 20 and is surrounded by the Rural Municipality of Dauphin.

The nearby lake was given the name "Dauphin" by the explorer Pierre Gaultier de Varennes, sieur de La Vérendrye in 1741 in honour of the heir to the French throne.[4] Settlers began arriving in the area in 1883 and two early settlements, Gartmore and "Old Dauphin" were established.[5] With the coming of the railway in 1896 – the line ran roughly halfway between the two villages – settlement shifted to the present site. This coincided with the beginning of Ukrainian settlement in the area: previously most arrivals had been of British extraction.Dauphin was granted a village charter on July 11, 1898, with George Barker as first mayor.[6] In 1901 Dauphin was incorporated as a town, with George King as mayor.[7] Dauphin became an important centre for the transportation of grain. Farming still plays a central role in the economy of the area, but its role has been greatly reduced. From 1974–1979, a federally funded pilot project called Mincome provided a Basic income guarantee to residents of Dauphin.[8]Dauphin was incorporated as a city in 1998.

As the largest city within the Parkland, Dauphin has a trading area of over 50,000 people.[9] A large part of Dauphin's economy is based on agriculture, with farms in this area of the province producing grains, oilseeds, honey and livestock. Dauphin is the home to various industries including manufacturing, health care, education, recreation/tourism and retail.[10] The Canadian distribution centre for Norwex is also located in the city.

Historical Forex News

U.S. Dollar Pulls Back Ahead Of U.S. – China Talks: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

Forex traders wait for the results of U.S. – China negotiations and focus on Trump's comments regarding tariff policy.FXEmpire2025-05-09

USD/CAD ticks higher to near 1.3920 as Canadian unemployment accelerates

The USD/CAD pair moves higher to near 1.3920 in Friday's North American session after the release of the Canadian labor market data for April. The data showed that the Unemployment Rate accelerated at a faster pace to 6.9% from estimates of 6.8% and the March reading of 6.7%, the highest level seen since October 2021.FX Street2025-05-09

USD/CAD Price Forecast: Strengthens after Falling wedge breakout

The USD/CAD pair holds onto gains made on Thursday around 1.3920 during European trading hours on Friday. The Loonie pair performs strongly as the US Dollar (USD) strengthens on multiple tailwinds.FX Street2025-05-09

USD/CAD moves higher after failing to break below 1.3800 – BBH

USD/CAD climbs after a failed attempt to break key technical support at 1.3800, with ongoing trade uncertainties keeping pressure on the Canadian Dollar (CAD), BBH FX analysts report.FX Street2025-05-08

U.S. Dollar Gains Ground On Tariff News: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The American currency is moving higher as the U.S. announced a trade deal with the UK.FXEmpire2025-05-08

USD/CAD Forecast: Near Fair Value at 1.39 say Scotiabank

The Canadian dollar has softened against the US dollar, extending post-Fed losses, as rate differentials once again drive USD/CAD higher. Scotiabank's Shaun Osborne sees the pair now trading close to its fair value around 1.39, with further CAD gains likely constrained by the policy backdrop.ExchangeRates2025-05-08

USD/CAD climbs as traders await BoC risk report, Trump trade deal announcement

USD/CAD climbs as traders await BoC risk report, Trump trade deal announcementFX Street2025-05-08

GBP/CAD Forecast: Pound Climbs vs Loonie Dollar Following Hawkish BoE Rate Cut

As we move towards the end of the week, the Pound Canadian Dollar exchange rate could be influenced by the release of Canada's latest unemployment reading. With April's index forecast to rise, CAD exchange rates could close the week on the back foot should the data confirm another uptick in unemployment last month.ExchangeRates2025-05-08

USD/CAD trades higher around 1.3800, Fed policy in focus

The USD/CAD pair rises to near 1.3800 during European trading hours on Wednesday. The Loonie pair gains as the US Dollar (USD) edges up ahead of the Federal Reserve's (Fed) interest rate decision at 18:00 GMT.FX Street2025-05-07

USD/CAD Price Forecast: Trades near 1.3800 after retreating from levels near nine-day EMA

The USD/CAD pair is retracing its recent gains from the previous session, trading around 1.3820 during the European hours on Tuesday. The daily chart's technical analysis suggested a sustained bearish sentiment, as the pair continues to trade within a descending channel pattern.FX Street2025-05-06

U.S. Dollar Retreats: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The American currency is losing ground as traders react to imports and exports data.FXEmpire2025-05-06

EUR/CAD Price Analysis: Euro softens toward 1.5600 but broader trend stays constructive

The EUR/CAD pair edged lower on Tuesday, hovering near the 1.5600 area after the European session as the pair retreated within the day's range. Although the move reflects mild selling pressure, the broader trend structure remains favorable for buyers, particularly when viewed through the lens of longer-term averages.FX Street2025-05-06

USD/CAD Price Forecast: Holds position above 1.3800, barrier appears near nine-day EMA

The USD/CAD pair is remaining steady after registering gains in the previous session, trading around 1.3810 during the European hours on Monday. Technical analysis on the daily chart indicates a possible bullish shift in market sentiment, with the pair sustaining levels above the descending channel pattern.FX Street2025-05-05

SocGen Forecast: USD Slide Only Just Beginning, AUD, CAD and JPY Most at Risk

Foreign exchange strategists at Société Générale expect the US dollar's recent retreat to pause near-term as markets await confirmation that Trump's policies are materially damaging US growth and global investor sentiment. However, they maintain a bearish medium-term view on the USD, calling the recent 6% drop from January's peak a.ExchangeRates2025-05-05

U.S. Dollar Rebounds From Session Lows As ISM Services PMI Beats Estimates: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The better-than-expected ISM Services PMI report provided support to the American currency.FXEmpire2025-05-05

USD/CAD stabilizes as Carney-Trump summit, Fed outlook, and economic data loom

USD/CAD is treading water as investors weigh the geopolitical significance of Tuesday's scheduled meeting between Canadian Prime Minister Mark Carney and US President Donald Trump, alongside a series of high-impact economic releases expected to shape monetary policy outlooks. FX Street2025-05-05

EUR/CAD Price Analysis: Euro edges higher near 1.5600 as longer-term bias holds firm

The EUR/CAD pair ticked higher on Monday, trading around the 1.5600 area after the European session. While price action remained within the middle of the daily range, the pair showed signs of underlying strength, aligning with a broader bullish structure.FX Street2025-05-05

USD/CAD Price Forecast: Tests 1.3800 support after pulling back from nine-day EMA

The USD/CAD pair retraces its gains registered in the previous session, trading around 1.3810 during the early European hours on Friday. However, technical analysis on the daily chart suggests a potential bullish shift in market sentiment, as the pair attempts to break above the descending channel pattern.FX Street2025-05-02

USD/CAD dips as easing trade tensions and soft US data weigh on Greenback

The USD/CAD is trading with losses around the 1.3800 level on Friday, as the pair continues to retreat from the prior session's highs. The move comes as the US Dollar weakens broadly across the board after a failed attempt to reclaim the 100.00 mark on the US Dollar Index (DXY).FX Street2025-05-02

U.S. Dollar Retreats Despite Strong Non Farm Payrolls Report: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

Rising Treasury yields did not provide any support to the American currency today.FXEmpire2025-05-02

EUR/CAD Price Analysis: Euro steadies near 1.5600 as bulls hold longer-term edge

The EUR/CAD pair hovered near the 1.5600 zone on Friday after the European session, showing little change on the day but maintaining a steady bullish bias overall. Price action remains confined to the middle of the daily range, reflecting ongoing consolidation.FX Street2025-05-02

USD/CAD Price Forecast: Tests initial support at 1.3800 near six-month lows

The USD/CAD pair retraces its losses registered in the previous session, trading around 1.3810 during the European hours on Thursday. However, technical analysis on the daily chart indicates a prevailing bearish trend, with the pair continuing to move lower within a clearly defined descending channel.FX Street2025-05-01

GBP/USD Corrects Gains While USD/CAD Dips

On the hourly chart of GBP/USD at FXOpen, the pair formed a base above the 1.3200 level. The British Pound started a steady increase above the 1.3320 resistance zone against the US Dollar, as discussed in the previous analysis.Action Forex2025-05-01

USD/CAD Daily Outlook

USD/CAD's breach of 1.3780 suggests that fall from 1.4791 is resuming. Intraday bias is back on the downside for 1.3727 fibonacci level next.Action Forex2025-05-01

U.S. Dollar Tests Weekly Highs: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

U.S. dollar continues to move higher as traders bet on successful trade negotiations.FXEmpire2025-05-01

USD/CAD ticks higher around 1.3820 despite USD Index gains sharply

The USD/CAD pair edges higher to near 1.3820 during North American trading hours on Thursday. The Loonie pair moves slightly higher despite the US Dollar (USD) has attracted significant bids after the release of the United States (US) ISM Manufacturing Purchasing Managers' Index (PMI) data.FX Street2025-05-01

CAD slips modestly on firmer USD – Scotiabank

The Canadian Dollar (CAD) has slipped a little overnight after briefly probing sub-1.38 levels late yesterday. President Trump commented that PM Carney will visit Washington shortly and anticipated a 'great relationship' with Canada, Scotiabank's Chief FX Strategist Shaun Osborne notes.FX Street2025-05-01

USD/CAD ticks higher amid bearish Oil prices, remains below mid-1.3800s ahead of US data

The USD/CAD pair extends its sideways consolidative price move through the first half of the European session on Wednesday and remains confined in a familiar range held over the past two weeks. Spot prices currently trade around the 1.3835-1.3840 region and seem to draw support from a combination of factors.FX Street2025-04-30

GBP/CAD Forecast: Pound Sterling Weakens vs Loonie After Canadian Election Result

Looking ahead, a key catalyst for the Pound to Canadian Dollar (GBP/CAD) exchange rate in the middle of the week will be Canada's latest GDP figures. March's preliminary figures will provide more clarity on how Trump's tariffs are impacting the Canadian economy, with the ‘loonie' poised to retreat if they report growth slumps.ExchangeRates2025-04-30

U.S. Dollar Gains Ground Despite Weak GDP Data: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

U.S. dollar moved higher as traders reacted to the disappointing GDP report.FXEmpire2025-04-30

USD/CAD remains unchanged above 1.3800 after US/Canada GDP data

The USD/CAD pair has not moved much and stays around 1.3830 during the North American trading session on Wednesday after the release of the Gross Domestic Product (GDP) data of both the United States (US) and Canada.FX Street2025-04-30

Canadian Dollar Forecast: USD/CAD Threatens Larger Breakdown

USD/CAD remains an attractive major pair for USD weakness scenarios and a short-term descending triangle keeps the door open for breakdown potential.Forexcom2025-04-30

EUR/CAD remains below 1.5800 after projections show likely minority Carney government

The EUR/CAD cross reverses an Asian session dip to the 1.5755-1.5750 region and jumps to a fresh daily top in the last hour, though it lacks follow-through buying. Spot prices remain confined in the previous day's broader range and currently trade around the 1.5780-1.5785 area, nearly unchanged for the day.FX Street2025-04-29

USD/CAD holds gains near 1.3850 as Canadian Liberals fail to secure majority government

USD/CAD has recovered its intraday losses, trading around 1.3840 during early European hours on Tuesday. The pair appreciates as the Canadian Dollar (CAD) loses ground following election results in Canada.FX Street2025-04-29

USD/CAD continues to hold 1.3800 on slight optimism in US-China trade war de-escalation

The USD/CAD pair moves slightly higher to near 1.3855 during North American trading hours on Tuesday. The Loonie pair gains as the US Dollar (USD) ticks higher, with investors turning slightly optimistic on de-escalation in the trade war between the United States (US) and China.FX Street2025-04-29

USD/CAD: US auto tariffs & Canadian election result in focus – MUFG

The US Dollar has strengthened modestly overnight against other G10 currencies as it continues to consolidate at lower levels following the heavy sell-off during this month. The USD has been supported in part by further reports overnight that the Trump administration is considering easing tariff plans, MUFG's FX analyst Lee Hardman reports.FX Street2025-04-29

EUR/CAD: Euro steadies near 1.5800 as bullish trend holds despite mixed signals

The EUR/CAD was seen trading around the 1.5800 zone after the European session on Tuesday, showing little movement on the day after a slight decline. Despite the minor dip, the overall technical setup stays bullish.FX Street2025-04-29

Goldman: Revises USDCAD forecast lower

Synopsis: Goldman Sachs has revised its USDCAD forecasts lower, citing stronger-than-expected Canadian data, a supportive fiscal policy stance, and diminished expectations for Bank of Canada (BoC) rate cuts. While Canada's close ties to the U.S. may limit broader gains on the crosses, Goldman expects the Canadian dollar to outperform the U.S. dollar through the remainder of 2025.Forex Live2025-04-29

U.S. Dollar Gains Ground As JOLTs Report Misses Estimates: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The American currency is trying to rebound after yesterday's pullback.FXEmpire2025-04-29

USD/CAD Price Forecast: Tests nine-day EMA near 1.3900 resistance level

The USD/CAD pair gains ground for the second successive day, trading around 1.3890 during the European session on Monday. However, technical analysis on the daily chart indicates a prevailing bearish trend, with the pair continuing to move lower within a clearly defined descending channel.FX Street2025-04-28

U.S. Dollar Retreats At The Start Of The Week: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

U.S. dollar is under pressure as traders focus on the pullback in Treasury yields.FXEmpire2025-04-28

GBP/CAD Price Forecast: Pound Sterling Price to Test 1.85 vs Loonie

Looking ahead, the main driver of movement for the Pound Canadian Dollar exchange rate this week will likely be the Canadian election and a duo of data releases from Canada. The country's latest GDP reading will be released on Wednesday, which is forecast to dip, with Canada's latest manufacturing PMI on Thursday also expected to post.ExchangeRates2025-04-28