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Today's Forex News

USD/CAD sticks to modest intraday gains above 1.3800 ahead of US PCE data

The USD/CAD pair regains positive traction on Friday and reverses a part of the previous day's retracement slide from the 1.3860 area, or a one-week high. Spot prices stick to modest intraday gains around the 1.3815 region heading into the European session as traders keenly await the release of the crucial US Personal Consumption Expenditure (PCE) Price Index.FX Street2025-05-30

U.S. Dollar Moves Higher As Traders React To PCE Price Index: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The American currency gained some ground as traders focused on economic reports.FXEmpire2025-05-30

USD/CAD consolidates within previous ranges, with 1.3835 holding bulls

The US Dollar is clinging to minor gains on Friday, with price action wavering within previous day's ranges and the 4-hour RSI flat around the 50 level, which signals a lack of clear bias. The Dollar whipsawed on Thursday before closing the day with a 0.2% decline, as a federal court paused a previous sentence from a lower court blocking most of the trade tariffs introduced by the US President Trump on April 2.FX Street2025-05-30

Additional News:



Currency Exchange Dunnottar - FAQ

Currency exchange in Dunnottar 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.

Dunnottar is a municipality in the Canadian province of Manitoba. The Municipality — often referred to as the 'Village of Dunnottar' - is located on the shores of Lake Winnipeg, just off Highway 9, south of Winnipeg Beach. The Municipality encompasses the towns of Ponemah, Whytewold, and Matlock. These centres grew around Canadian Pacific Railway stations. It borders the Rural Municipality of St. Andrews, in addition to Lake Winnipeg. It is known for its beaches & many summer residents & visitors. Overall, the trend is towards increasing numbers of permanent residents. The 2016 census showed a population of 763 persons.

Dunnottar is the second-largest city in the province of Manitoba, Canada. It is located in the southwestern corner of the province on the banks of the Assiniboine River, approximately 214 km (133 mi) west of the provincial capital, Winnipeg, and 120 km (75 mi) east of the Saskatchewan border. Dunnottar covers an area of 77.41 km2 (29.89 sq mi) and has a population of 48,859,[2] while its census metropolitan area has a population of 58,003.[3] It is the primary hub of trade and commerce for the Westman region as well as parts of southeastern Saskatchewan and northern North Dakota, an area with a combined population of over 180,000 people.[4]The City of Dunnottar was incorporated in 1882,[5] having a history rooted in the Assiniboine River fur trade as well as its role as a major junction on the Canadian Pacific Railway.[6] Known as The Wheat City, Dunnottar's economy is predominantly associated with agriculture;[7] however, it also has strengths in health care, manufacturing, food processing, business services, and transportation.[8][9]Dunnottar is an important part of the higher education network in Manitoba, with several notable facilities located in the city including Dunnottar University, Assiniboine Community College, and the Manitoba Emergency Services College.[10] Canadian Forces Base Shilo is located 30 km (19 mi) east of Dunnottar and maintains close ties with the city.[11] Dunnottar's Keystone Centre, one of the largest consolidated entertainment, recreation, convention, and agriculture complexes in Canada,[12] is the home of the Dunnottar Wheat Kings and the Royal Manitoba Winter Fair.

The Village got its name from Dunnottar Castle in Scotland.[3]In June 1947 it was announced that the area that became the Village of Dunnottar would have a meeting to create the municipal government. The meeting was held at 177 McDermot Avenue in the city of Winnipeg. Municipal elections were held later that year in November, officially becoming a Village as of January 1, 1948.[3] In January 1948, Albert J. Smale became Dunnottar's first Mayor. The municipal clerk's office would be located in the Canada Permanent building (298 Garry St.)[4] in Winnipeg.

Historical Forex News

USD/CAD trades near 1.3800 after pulling back from weekly highs as Oil prices rise

USD/CAD loses ground after registering gains in the previous two consecutive sessions, trading around 1.3820 during the European hours on Thursday. The pair depreciates as the commodity-linked Canadian Dollar (CAD) receives support from improved crude Oil prices.FX Street2025-05-29

U.S. Dollar Dives From Session Highs: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

Forex traders react to the decision of the U.S. Court of International Trade to block tariffs.FXEmpire2025-05-29

USD/CAD retreats from highs, approaching 1.3800 ahead of the US GDP release

The US Dollar has given away all the ground taken after the court ruling against US trade tariffs, and is trading with moderate losses ahead of the US Session opening, as the Canadian Dollar draws support from the rebound in Oil prices. A US federal court ruled on Wednesday that the US Congress has the exclusive authority to regulate international trade, and ordered the US administration to reverse all tariffs imposed after the April 2 “Liberation Day”.FX Street2025-05-29

USD/CAD extends gains above 1.3800 with all eyes on the FOMC minutes

The US Dollar is showing a moderate advance on Wednesday, extending gains after Tuesday's rebound. Upbeat US Consumer Confidence data and easing fears about trade wars are supporting the Greenback, with the release of the Fed minutes on focus.FX Street2025-05-28

USD/CAD climbs to fresh weekly top, closer to mid-1.3800s ahead of FOMC minutes

The USD/CAD pair is seen prolonging this week's goodish recovery move from the 1.3685 area, or its lowest level since October 2024, for the third consecutive day on Wednesday. Spot prices currently trade near the weekly top, around the 1.3835-1.3840 region, up nearly 0.30% for the day amid some follow-through US Dollar (USD) buying.FX Street2025-05-28

U.S. Dollar Gains Ground Ahead Of FOMC Minutes: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

U.S. Dollar Index is moving towards the psychologically important 100.00 level.FXEmpire2025-05-28

USD/CAD edges higher ahead of FOMC Minutes, with the interest rate outlook in focus

The Canadian Dollar (CAD) is trading modestly lower against the US Dollar (USD) on Wednesday, with investors awaiting the release of the Federal Open Market Committee (FOMC) Meeting Minutes at 18:00 GMT.FX Street2025-05-28

USD/CAD rises to near 1.3760 as US Dollar gains ground

The USD/CAD pair gains to near 1.3760 during European trading hours on Tuesday. The Loonie pair rises as the US Dollar (USD) gains ground due to de-escalating trade tensions between the European Union (EU) and the United States (US).FX Street2025-05-27

USD/CAD bounces up from seven-month lows and approaches a previous support at 1.3760

The US Dollar is showing marginal gains ahead of Tuesday's European session opening. The USD/CAD is returning from the seven-month low hit on Monday, and nearing a previous support area in the 1.3750-1.3765 range, where bulls are likely to be challenged.FX Street2025-05-27

EUR/CAD hesitates above 1.5600 with higher Oil prices supporting the loonie

The Euro is trading without a clear direction, as the enthusiasm of the delay on Trump's 50% tariffs wears out, while the moderate rebound on Oil prices is providing some support to the loonie. The pair has been losing momentum after hitting one-month highs, right above 1.5750 last week, yet with downside attempts contained above 1.5880 so far.FX Street2025-05-27

Pound to Canadian Dollar Forecast: CAD Advance Likely Next Few Weeks

Looking ahead to this week, the Pound Canadian Dollar exchange rate (GBP/CAD) will likely trade without a clear direction for the majority of the week, amid a data-light UK and Canadian economic calendar. The only data release of note for the Canadian Dollar is the country's latest GDP reading, scheduled for release on Friday.ExchangeRates2025-05-27

USD/CAD: Minor USD rebounds are liable to attract renewed selling interest – Scotiabank

The Canadian Dollar (CAD) has slipped back amid the broader rebound in the USD vs US Dollar (USD). USD gains have taken funds back to the mid/upper 1.37s and largely reflect the rebound in the USD rather than any CAD-negative development, Scotiabank's Chief FX Strategist Shaun Osborne notes.FX Street2025-05-27

USD/CAD falls to near 1.3700 as traders expect BoC to hold rates in June

USD/CAD continues its losing streak that began on May 19, trading around 1.3710 during the early European hours on Monday. The Canadian Dollar (CAD) appreciates against the US Dollar (USD) as domestic retail sales rose for a second straight month in April, indicating strength in consumer sentiment despite an aggressive trade war between the United States (US) and Canada.FX Street2025-05-26

GBP/USD Rallies While USD/CAD Declines Steadily

On the hourly chart of GBP/USD at FXOpen, the pair formed a base above the 1.3350 level. The British Pound started a steady increase above the 1.3450 resistance zone against the US Dollar, as discussed in the previous analysis.Action Forex2025-05-26

USD/CAD holds steady above 1.3700 as trade tension eases amid holiday-thinned trading

The Canadian Dollar (CAD) gives back some of the initial gains against the US Dollar (USD) at the early American session on Monday, with the USD/CAD pair trading around 1.3720 at the time of writing after hiting a daily low of 1.3686 earlier in the day as follow-through selling faded on the signs of easing trade tensions between the United States (US) and the European Union (EU).FX Street2025-05-26

EUR/CAD steadies as EU tariff delays and robust Canadian data drive mixed momentum

The Euro (EUR) is firming against the Canadian Dollar (CAD) on Monday, bolstered by easing trade tensions after the United States announced a delay in implementing new tariffs on European imports.FX Street2025-05-26

Canadian Dollar Forecast: USD/CAD Extends Bearish Bias as BoC Decision Approaches

Over the past five trading sessions, USD/CAD has depreciated by nearly 1.5% in favor of the Canadian dollar, mainly due to growing market expectations surrounding the upcoming Bank of Canada (BoC) rate decision, along with the recent weakness of the U.S. dollar.Forexcom2025-05-26

USD/CAD slides to 1.3825 area, back closer to two-week low on weaker USD

The USD/CAD pair attracts fresh sellers following the previous day's brief pause and slides to the 1.3825 area during the Asian session on Friday. Spot prices remain close to a two-week low touched on Wednesday and seem vulnerable to weaken further amid a broadly weaker US Dollar (USD).FX Street2025-05-23

USD/CAD Rate Drops Towards Yearly Lows

The USD/CAD chart is currently showing clear signs of a bearish trend, characterised by a sequence of lower highs and lower lows (A→B→C→D→E→F→G).Action Forex2025-05-23

USD/CAD tumbles to two-week low after five-day sell-off

USD/CAD tumbles to two-week low after five-day sell-offFX Street2025-05-23

Dollar Index pressured, now testing key 99.00 level: Analysis for EUR/USD, GBP/USD, USD/CAD, USD/JPY

The US Dollar faces pressure as DXY tests 99.00, while EUR, GBP, CAD, and JPY respond to tariffs, inflation data, and rate bets in a volatile FX week.FXEmpire2025-05-23

USD/CAD trades with negative bias around mid-1.3800s, just above two-week low

The USD/CAD pair struggles to capitalize on the overnight bounce from the 1.3815-1.3810 region, or a two-week low, and trades with a negative bias for the fourth consecutive day on Thursday. Spot prices trade around mid-1.3800s during the Asian session and seem vulnerable to extend the weekly downtrend.FX Street2025-05-22

GBP/CAD Forecast: Pound Muted vs Loonie Dollar Despite Soaring UK CPI

As we move towards Thursday, the Pound Canadian Dollar exchange rate will likely be driven by the publication of the UK's latest S&P Global PMIs for May. Both the manufacturing and servicers indices are forecast to tick up this month, with the UK's all-important services sector expected to climb back to expansion territory (a reading.ExchangeRates2025-05-22

USD/CAD holds ground, weak Canadian data caps losses

USD/CAD holds ground, weak Canadian data caps lossesFX Street2025-05-22

U.S. Dollar Rebounds Modestly on Legislative Progress: Analysis for EUR/USD, GBP/USD, USD/CAD, USD/JPY

The U.S. dollar recovers modestly after tax bill progress, but DXY remains under pressure as fiscal concerns and bond market weakness dominate the outlook.FXEmpire2025-05-22

USD/CAD weakens further below 1.3900 amid bearish USD, rising Oil prices

The USD/CAD pair extends the previous day's breakdown momentum below a one-week-old trading range and attracts sellers for the third successive day on Wednesday. This also marks the fourth day of a negative move in the previous four and drags spot prices below the 1.3900 mark, or a nearly two-week low during the Asian session.FX Street2025-05-21

Canadian Dollar Forecast: USD/CAD Rejected at Key Resistance

USD/CAD is threatening to snap a two-week winning streak with price reversing sharply off technical resistance. Battle lines drawn on the Canadian Dollar weekly chart.Forexcom2025-05-21

CAD gets a mild tailwind from narrower spreads after CPI to press gains on USD – Scotiabank

Yesterday's hotter than expected April CPI data served to dampen expectations of a June BoC rate cut, putting some moderate, downward pressure on US/Canada interest rate spreads, Scotiabank's Chief FX Strategist Shaun Osborne notes.FX Street2025-05-21

DXY Slips Below 100 as Political Gridlock and Risk Aversion Weigh: Analysis for EUR/USD, GBP/USD, USD/CAD, USD/JPY

DXY falls below 100 as Trump's tax bill fuels fiscal concerns. EUR, GBP, JPY, and CAD gain on weaker USD outlook and rising global yield appeal.FXEmpire2025-05-21

USD/CAD flat lines around mid-1.3900s; looks to Canadian inflation data for fresh impetus

The USD/CAD pair extends its sideways consolidative price move heading into the European session on Tuesday and currently trades around mid-1.3900s, nearly unchanged for the day. Moreover, the mixed fundamental backdrop warrants some caution before placing aggressive directional bets.FX Street2025-05-20

Dollar Slips on Moody's Downgrade, Fed Caution, and Japan Talks:: Analysis for EUR/USD, GBP/USD, USD/CAD, USD/JPY

DXY drops to 100.23 as Moody's U.S. downgrade and dovish Fed remarks weigh on investor sentiment and market confidenceFXEmpire2025-05-20

USD/CAD holds steady despite Canada's mixed CPI print

USD/CAD is trading in a tight range in the early hours of the US session as markets react to Canada's latest Consumer Price Index (CPI) data and shift focus to Wednesday's US House of Representatives vote on President Donald Trump's proposed tax bill.FX Street2025-05-20

USD Price Action Setups: GBP/USD, USD/JPY, USD/CAD, Gold

The USD has continued to soften from the 102 resistance that came into play last week, but from the daily chart bulls still have a chance as they've put up a fight to support prior resistance.Forexcom2025-05-20

Canadian Dollar Forecast: USD/CAD Falls amid Sticky Canada Inflation

USD/CAD attempts to extend the decline from the start of the week as Canada's CPI prints at 1.7% in April versus forecasts for a 1.6% reading.Forexcom2025-05-20

USD/CAD Price Forecast: Test initial support near 1.3950, followed by nine-day EMA

The USD/CAD pair is losing ground after registering gains in the previous session, trading around 1.3950 during the European hours on Monday. The daily chart's technical analysis suggested a sustained bullish sentiment, as the pair continues to trade within the ascending channel pattern.FX Street2025-05-19

Canadian Dollar Forecast: USD/CAD Fight at 1.4000

USD/CAD retains bearish structure even as the USD rally advanced again last week. The big question now is whether sellers can hold it below the 1.4000 big figure.Forexcom2025-05-19

Pound to Canadian Dollar Forecast for Week Ahead: 1.8404 by June 2025

Looking ahead to this week, the Pound Canadian Dollar exchange rate (GBP/CAD) will likely experience further headwinds amid a data-heavy calendar for both countries. Looking at the Canadian Dollar, Canada will release its latest inflation reading on Tuesday and retail sales index on Friday.ExchangeRates2025-05-19

USD/CAD Price Forecast: Extends the range play below 200-day SMA, 1.4000 mark

The USD/CAD pair attracts some sellers for the second straight day on Friday, though it remains confined in a range held since the beginning of this week. Spot prices currently trade just below mid-1.3900s, down over 0.10% for the day amid a combination of negative factors.FX Street2025-05-16

U.S. Dollar Gains Ground As Trump Comments On Tariffs: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

Rising inflation expectations provided additional support to the American currency.FXEmpire2025-05-16

USD/CAD extends consolidation ahead of US Consumer Sentiment data

USD/CAD extends consolidation ahead of US Consumer Sentiment dataFX Street2025-05-16

GBP/USD, USD/CAD Outlook: Another Leg Higher for Currencies Against the USD?

GBPUSD, USDCAD Outlook: This week, the U.S. dollar lost bullish momentum, pushing both USDCAD and GBPUSD toward their respective 2025 extremes. With GBPUSD holding above 1.33 and USDCAD approaching 1.38, upcoming key events will be closely watched to reassess the market narrative.Forexcom2025-05-16

USD/CAD Price Forecast: Remains below 1.4000 confluence hurdle ahead of US PPI, Fed's Powell

The USD/CAD pair struggles to capitalize on the previous day's goodish rebound from the 1.3900 mark and attracts fresh sellers during the Asian session on Thursday. Spot prices, however, lack bearish conviction and currently trade around the 1.3865 area, down less than 0.10% for the day.FX Street2025-05-15

USD/CAD rebounds toward 1.4000 as crude Oil weakness weighs on Canadian Dollar

USD/CAD stabilized around 1.3980 during Thursday's European trading hours, recovering earlier losses as the Canadian Dollar (CAD) came under pressure due to declining crude Oil prices . Given Canada's status as the largest Oil exporter to the United States (US), falling Oil prices often dampen CAD sentiment.FX Street2025-05-15

GBP/CAD FX Outlook: Pound Firms vs Loonie Dollar amid Declining Oil Prices

As we move towards Thursday, the Pound Canadian Dollar exchange rate will likely be driven by the release of some high impact economic data from the UK. The UK will release its preliminary GDP reading for the first quarter of the year, which is forecast to show a rise from 0.1% to 0.6% quarter to quarter.ExchangeRates2025-05-15

U.S. Dollar Retreats As Producer Prices Fall: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The American currency moved lower as traders reacted to economic reports.FXEmpire2025-05-15

USD/CAD edges up to near 1.4000 even as US Dollar underperforms

The USD/CAD pair ticks up to near the psychological level of 1.4000 during North American trading hours on Thursday. The Loonie pair trades higher despite the US Dollar (USD) trading lower following the release of the United States (US) Producer Price Index (PPI) data for April.FX Street2025-05-15