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Today's Forex News

USD/CAD rallies beyond 1.4050 on risk aversion, lower Oil prices

USD/CAD rallies beyond 1.4050 on risk aversion, lower Oil pricesFX Street2025-10-14

U.S. Dollar Retreats As Powell Comments On Labor Market Risks: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The American currency is losing ground as traders react to Powell's comments on monetary policy and economic outlook.FXEmpire2025-10-14

USD/CAD slips as US-China tensions escalate, Powell in focus

USD/CAD slips as US-China tensions escalate, Powell in focusFX Street2025-10-14

Canadian Dollar Short-term Outlook: USD/CAD Breaks to Six-Month High

The Canadian Dollar remains under pressure, with USD/CAD up more than 1.1% since the start of the month. The advance has driven momentum into overbought territory, highlighting stretched short-term conditions, yet the medium-term outlook remains constructive while above the 200-day moving average.Forexcom2025-10-14

US Dollar Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY

The US Dollar has broken out from the falling wedge formation looked at last week and that rally ran cleanly until a test of the 99.40 level in DXY, which has since come in as resistance for three of the past four trading days. Bulls aren't out of it yet, as there's been a hold of higher-lows that I'll look at below, but there's now possible bullish formations in both EUR/USD and GBP/USD which could further compel pullbacks in DXY.Forexcom2025-10-14

Additional News:



Currency Exchange Steinbach - FAQ

Currency exchange in Steinbach 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.

Steinbach is a city located about 58 km south-east of Winnipeg, Manitoba, Canada. According to the Canada 2016 Census, Steinbach has a population of 15,829, making it the third-largest city in Manitoba and the largest community in the Eastman region.[1] The city is bordered by the Rural Municipality of Hanover (north, west, and south), and the Rural Municipality of La Broquerie (east). The name "Steinbach" is translated from German as "Stony Brook" and was first settled by Plautdietsch-speaking Mennonites from the Russian Empire in 1874, whose descendants continue to have a significant presence in the city today.[2] Steinbach is found on the eastern edge of the Canadian Prairies, while Sandilands Provincial Forest is a short distance east of the city. Steinbach is primarily an agricultural community; however, as the regional economic hub of southeastern Manitoba, Steinbach has a trading area population of about 50,000 people.[3] The city also has many service and commercial businesses to serve the population. Steinbach is the third fastest-growing census agglomeration in Canada. Out of the top eight fastest-growing agglomerations, Steinbach is the only one located outside Alberta.[4][5][6] The city had a population growth of 17% between the 2011 and the 2016 census periods. The city has gained national recognition as an immigration destination of Canada and a model for immigrant integration in the country.[7]

In 1996, Les Magnusson was elected mayor of Steinbach, the first non-ethnic Mennonite to hold that position, and Steinbach was incorporated as a city on 10 October 1997.[21] Magnusson was a vocal opponent of attempts in Steinbach to allow liquor sales. In 2000, the windmill at the Mennonite Heritage Village, a recognized symbol of the city, was destroyed by arsonists.[26] It was rebuilt less than a year later with the assistance of Dutch millwrights. Steinbach attracted prominent attention in 2004 when Mennonite author Miriam Toews, who was born and grew up in Steinbach, published her novel A Complicated Kindness. The book became a bestseller, exploring a fictionalized town modelled after Steinbach. It won the 2004 Governor General's Award for Fiction,[28] and was selected as the 2006 book for Canada Reads, the first book by a female writer to be chosen. Steinbach continued to grow during Magnusson's tenure and, after the election of Chris Goertzen as mayor in 2006, became one of the fastest-growing cities in Canada.[24] In 2011 Steinbach was officially announced as Manitoba's third-largest city, with the release of the population data from the 2011 Canadian Census. The growth was attributed to immigration from such countries as Germany, Russia, and the Philippines.[30] Steinbach gained national recognition from such newspapers as The Globe and Mail, which described the city as an immigration "hotbed" of Canada and a model for immigrant integration. The first Steinbach Pride parade in 2016. During March 2013 the city gained national attention when several community members, such as the Southland Community Church and Steinbach Christian High School expressed opposition to provincial Bill 18, an anti-bullying bill that would require the accommodation of Gay-straight alliance groups in schools, including faith-based private schools.[32] On 13 September 2013 Bill 18 passed without amendments.[33] Partially in response to this issue, the city's first Steinbach Pride parade was held in 2016. While initially expecting about 200 people, approximately 3,000 people attended the event. This was brought about in part from the fact that not a single elected official from the area attended or endorsed the event. Ongoing rapid growth meant that the city needed more land and space in order to sustain itself. This led the city to negotiate an annexation of 2,800 acres (11 km2) from the Rural Municipality of Hanover in 2015, the first major annexation for the city since 1979.

As the economic centre of Southeastern Manitoba, service/retail industries employ the majority of the working population. Large manufacturing plants, especially those operated by Bausch and Loewen Windows (which is also based in Steinbach), create a significant number of jobs. Steinbach has a diversity of jobs and industries within the community. Its rapid growth rate, combined with the lowest taxes in the province by mill rate, has made the community an increasingly popular place for both workers and employers.[50] This combination has helped many different mid-sized and large-sized businesses in manufacturing, transportation, agribusiness, pharmaceuticals, retail, and financial services such as the Steinbach Credit Union, to grow with the city.[50] As a result, the city of Steinbach now has the third-highest assessment value among cities in the province, trailing only Brandon and Winnipeg. Agriculture, the traditional industry in the region, continues to play a significant role in Steinbach's economy as well. The agricultural industry in the area is notable for many of the large commercial pig, and poultry farming operations.[51] Aside from intensive pig and chicken barns there are numerous small, family, dairy farms that dot the area.[52] Crops grown on the fertile farmland surrounding Steinbach primarily include canola, corn, alfalfa, as well as barley, soybeans, oats, and wheat.

Historical Forex News

USD/CAD softens to near 1.4000 as job data reduces BoC rate cut bets

USD/CAD softens to near 1.4000 as job data reduces BoC rate cut betsFX Street2025-10-13

Pound Canadian Dollar (GBP/CAD) Exchange Rate Weighed Down by Worries over UK Finances

The Pound to Canadian Dollar (GBP/CAD) exchange rate edged lower last week as renewed fiscal jitters weighed on Sterling while higher oil prices and a stronger US Dollar buoyed the Canadian Dollar. Latest — Exchange Rates:Pound to Canadian Dollar (GBP/CAD): 1.86717 (-0.21%)Euro to Canadian Dollar (EUR/CAD): 1.62541 (-0.12%)Dollar to.ExchangeRates2025-10-13

U.S. Dollar Gains Ground As Traders Stay Focused On U.S. – China Relations: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The American currency is moving higher despite worries about the trade war with China.FXEmpire2025-10-13

Canadian Dollar Forecast: USD/CAD Six-Month High Over 1.4000

USD/CAD has continued to fresh six-month highs and despite the recent lag behind both DXY and EUR/USD's show of USD-strength, the pair remains attractive for bullish trend continuation in the US Dollar.Forexcom2025-10-13

Canadian Dollar Outlook: USD/CAD breaks to cycle highs, buying dips preferred

Momentum and price signals favour USD/CAD upside following the break of 1.4027, with technicals supporting a buy-the-dip approach. With the macro calendar thinned by the U.S. shutdown, traders will be leaning on remarks from Jerome Powell, big bank earnings, and Trump's Truth Social feed for clues on consumer trends and rate expectations.Forexcom2025-10-13

USD/CAD extends breakout above 200-DMA – Société Générale

USD/CAD extends breakout above 200-DMA – Société GénéraleFX Street2025-10-10

USD/CAD Price Forecast: Targets six-month highs near 1.4050 as bullish bias prevails

USD/CAD Price Forecast: Targets six-month highs near 1.4050 as bullish bias prevailsFX Street2025-10-10

EUR/CAD snaps four-day losing streak ahead of Canadian employment data

EUR/CAD snaps four-day losing streak ahead of Canadian employment dataFX Street2025-10-10

U.S. Dollar Retreats As Trump Threatens New Tariffs On China: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

Forex traders are worried about a new round of the trade war between U.S. and China.FXEmpire2025-10-10

Canadian Employment Makes a Comeback – USD/CAD Reverses

Markets just received the Canadian labor report — and unlike the still-missing U.S. one (thanks, government shutdown), this one actually delivered. Canada added +60K jobs vs.Action Forex2025-10-10

Canadian Dollar Forecast: Oh Canada! USD/CAD Drops Back Below 1.40 on Stellar Jobs Data

Through the first eight months of the year, Canada's labor market had been absolutely moribund, highlighted by an outright contraction in full-time employment. Against that backdrop, it's perhaps not surprising that traders' expectations for today's jobs report were so downbeat, with just under 3K net new jobs anticipated and the unemployment rate expected to tick up to 7.2%.Forexcom2025-10-10

USD/CAD retreats below 1.4000 as strong Canada jobs data boost the Loonie

USD/CAD retreats below 1.4000 as strong Canada jobs data boost the LoonieFX Street2025-10-10

USD/CAD maintains upside pressure above 200-DMA – BBH

USD/CAD maintains upside pressure above 200-DMA – BBHFX Street2025-10-10

USD/CAD flatlines right above 1.4000 with US, Canadian data on tap

USD/CAD flatlines right above 1.4000 with US, Canadian data on tapFX Street2025-10-10

USD/CAD Price Forecast: Sees more upside above 1.4000 amid upbeat US Dollar

USD/CAD Price Forecast: Sees more upside above 1.4000 amid upbeat US DollarFX Street2025-10-09

EUR/CAD Price Forecast: Retains bullish bias above 1.6200

EUR/CAD Price Forecast: Retains bullish bias above 1.6200FX Street2025-10-09

Canadian Dollar slips to six-month low as USD/CAD climbs past 1.4000

Canadian Dollar slips to six-month low as USD/CAD climbs past 1.4000FX Street2025-10-09

Canadian Dollar Forecast: Is USD/CAD Breaking Out Ahead of Jobs Data?

There are always multiple fundamental crosswinds to navigate with any currency pair, but USD/CAD's outlook is particularly fraught at the moment.Forexcom2025-10-09

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

Short-covering provides additional support to the American currency.FXEmpire2025-10-09

Canadian Dollar Forecast: USD/CAD Rally Nears Key Point in Trend

USD/CAD was an outlier for much of Q3, as the pair was one of the few majors that showed some element of US Dollar strength, even as DXY was melting down elsewhere. The USD set fresh lows on the first day of Q3 and then again on the Fed's rate cut in September, but in USD/CAD, there was bullish drive as the pair had built into an ascending triangle in June that broke out in July: And when the Fed did cut rates, there was a clean support test of prior resistance from that formation which then led into a strong rally back up towards the psychological level at 1.4000.Forexcom2025-10-08

U.S. Dollar Tests New Highs Ahead Of FOMC Minutes: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The American currency gains ground as rally continues.FXEmpire2025-10-08

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

Euro's weakness fuels demand for the American currency.FXEmpire2025-10-07

USD/CAD ticks up near 1.3960 amid US-Canada trade talks

USD/CAD ticks up near 1.3960 amid US-Canada trade talksFX Street2025-10-07

Pound to Canadian Dollar Forecast: GBP Slips as Stronger USD Lifts the CAD

The Pound to Canadian Dollar exchange rate (GBP/CAD) drifted lower on Tuesday as a firmer US Dollar helped lift the ‘Loonie', despite a fall in oil prices. Latest — Exchange Rates:Pound to Canadian Dollar (GBP/CAD): 1.87275 (-0.41%)Euro to Canadian Dollar (EUR/CAD): 1.62621 (-0.41%)Dollar to Canadian Dollar (USD/CAD): 1.39558.ExchangeRates2025-10-07

Pound to Canadian Dollar Forecast: GBP Slips as Stronger USD Lifts the CAD

The Pound to Canadian Dollar exchange rate (GBP/CAD) drifted lower on Tuesday as a firmer US Dollar helped lift the ‘Loonie', despite a fall in oil prices. Latest — Exchange Rates:Pound to Canadian Dollar (GBP/CAD): 1.87275 (-0.41%)Euro to Canadian Dollar (EUR/CAD): 1.62621 (-0.41%)Dollar to Canadian Dollar (USD/CAD): 1.39558.ExchangeRates2025-10-07

USD/CAD Price Forecast: Hovers around 1.3950, lower boundary of ascending channel

USD/CAD Price Forecast: Hovers around 1.3950, lower boundary of ascending channelFX Street2025-10-06

Pound to Canadian Dollar Forecast: GBP Pressured by Budget Fears, CAD Soft on Oil Slide

The Pound to Canadian Dollar (GBP/CAD) exchange rate wavered last week as diverging domestic data, falling oil prices, and lingering UK budget concerns pulled the pair in opposite directions. Latest — Exchange Rates:Pound to Canadian Dollar (GBP/CAD): 1.87558 (-0.01%)Euro to Canadian Dollar (EUR/CAD): 1.63377 (-0.11%)Dollar to Canadian.ExchangeRates2025-10-06

U.S. Dollar Jumps As Traders Focus On Political Turmoil In France: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The American currency starts the week on a strong note.FXEmpire2025-10-06

Canadian Dollar Outlook: USD/CAD Reinforces Neutrality as the U.S. Government Shutdown Continues

A new trading week begins, and USD/CAD shows an average variation of less than 0.1% in the short term amid growing indecision in the pair's movements. This situation is mainly due to the ongoing U.S. government shutdown, which remains unresolved, leaving uncertainty about how much this event might start to affect the dollar's strength in the short term.Forexcom2025-10-06

EUR/CAD extends upside above 1.6350 as Canadian PMI supports BoC rate cut bets

The EUR/CAD cross extends the rally to around 1.6360 during the early European session on Thursday. The Canadian Dollar (CAD) weakens against the Euro (EUR) as Canadian economic data showed a deeper downturn in the manufacturing sector.FX Street2025-10-02

U.S. Dollar Rebounds After Pullback: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The American currency gains ground despite U.S. government shutdown.FXEmpire2025-10-02

Canadian Dollar Forecast: USD/CAD Surges into Pivotal Resistance

The Canadian Dollar is testing a critical pivot zone with USD/CAD surging into major technical resistance today. The June rally hangs in the balance, with a breach above this zone needed to fuel the next leg higher.Forexcom2025-10-02

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

The American currency gained ground despite the disappointing ADP Employment Change report.FXEmpire2025-10-01

Canadian Dollar Outlook: USD/CAD Rally Rolls On

The third quarter just completed with a slight gain for the US Dollar, but it was a larger move in USD/CAD as Canadian Dollar weakness contributed to a series of higher-lows from June and into July that, eventually, led into a build and break of an ascending triangle formation. And then after that late-July breakout, USD/CAD then tested support at prior resistance three times before ultimately breaking out to fresh three-month-highs in late-Q3 trade.Forexcom2025-10-01

Pound to Canadian Dollar Price News, Forecast: GBP Rises as CAD Slumps on PMI Miss

The Pound Canadian Dollar (GBP/CAD) exchange rate gained ground on Wednesday following the release of Canada's and the UK's manufacturing indices for September. Latest — Exchange Rates:Pound to Canadian Dollar (GBP/CAD): 1.87807 (+0.34%)Euro to Canadian Dollar (EUR/CAD): 1.63481 (+0.06%)Dollar to Canadian Dollar (USD/CAD): 1.39384.ExchangeRates2025-10-01

Canadian Dollar Short-term Outlook: USD/CAD Bulls Defend Breakout

USD/CAD is pulling back from four-month highs with the bears now challenging the monthly breakout at former resistance. This key pivot zone will be critical in determining whether the broader bullish structure holds or if the pair risks a deeper correction.Forexcom2025-09-30

U.S. Dollar Retreats As Traders Focus On JOLTs Data: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

Shutdown risks put additional pressure on the American currency.FXEmpire2025-09-30

USD/CAD Price Forecast: Treads water above 1.3900 as bullish bias prevails

USD/CAD trades around 1.3920 during the European hours on Monday, halting its five-winning streak. The technical analysis of the daily chart suggests that the pair moves upwards within an ascending channel pattern, suggesting that the bullish bias prevails.FX Street2025-09-29

GBP/USD Bounces Back, USD/CAD Maintains Bullish Consolidation

On the hourly chart of GBP/USD at FXOpen, the pair started a fresh decline from 1.3530 after a decent increase. The British Pound traded below 1.3450 to again move into a short-term bearish zone against the US Dollar.Action Forex2025-09-29

USD/CAD remains below 1.3950 after pulling back from four-month highs

USD/CAD halts its five-day winning streak, trading around 1.3920 during the Asian hours on Monday. The pair retreated after reaching a four-month high of 1.3958 on Friday as the US Dollar (USD) lost ground after the US August inflation report boosted the likelihood that the US Federal Reserve (Fed) will likely deliver another interest rate cut in October.FX Street2025-09-29

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

The American currency remains under pressure at the start of the week.FXEmpire2025-09-29

DXY, EUR/USD, USD/CAD, USD/JPY, Gold, Oil Weekly Technical Outlook

In this webinar we take an in-depth look at the technical trade levels for the US Dollar (DXY), Euro (EUR/USD), British Pound (GBP/USD), Australian Dollar (AUD/USD), Canadian Dollar (USD/CAD), Japanese Yen (USD/JPY), Swiss Franc (USD/CHF), Gold (XAU/USD), Crude Oil (WTI), and Equity Indices. These are the levels that matter on the technical charts into the weekly open / monthly close.Forexcom2025-09-29

EURCAD Bounces Back: Reaction Higher from Blue Box Area

In this technical blog, we will look at the past performance of the 1-hour Elliott Wave Charts of EURCAD. In which, the rally from 02 September 2025 low unfolded as impulse sequence & showed a higher high sequence therefore, called for an extension higher to take place.Action Forex2025-09-29

Pound to Canadian Dollar Forecast: GBP/CAD Braces for GDP and PMI Data

The Pound Canadian Dollar (GBP/CAD) exchange rate was mixed last week following a number of economic releases from the UK and Canada. Latest — Exchange Rates:Pound to Canadian Dollar (GBP/CAD): 1.87006 (+0.07%)Euro to Canadian Dollar (EUR/CAD): 1.63117 (-0.02%)Dollar to Canadian Dollar (USD/CAD): 1.39188 (-0.14%) Looking ahead to.ExchangeRates2025-09-29