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Today's Forex News

USD/CAD Price Forecast: Remains subdued around 1.3650 due to persistent bearish bias

The USD/CAD pair remains steady after registering over 0.50% losses in the previous session, trading around 1.3650 during the Asian hours on Friday. A persistent bearish sentiment is prevailing as the pair moves sideways within the descending channel pattern, suggested by the technical analysis of the daily chart.FX Street2025-06-27

U.S. Dollar Is Under Pressure: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The American currency is losing ground as traders stay focused on potential rate cuts from the Fed.FXEmpire2025-06-27

CAD slips back but USD gains should be capped in the upper 1.36s – Scotiabank

The Canadian Dollar (CAD) has slipped back in overnight trade but losses are marginal, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.FX Street2025-06-27

Additional News:



Currency Exchange Grand-Rapids - FAQ

Currency exchange in Grand-Rapids 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.

Grand Rapids is a town in Manitoba, Canada located on the northwestern shore of Lake Winnipeg where the Saskatchewan River enters the lake. As the name implies, the river had a significant drop at this point (more than 75 ft (23 m) in less than 3 mi (4.8 km)). In modern days, a large hydro electric generating plant has been built. Cedar Lake, just a short distance up the river provides a natural water storage for this plant. Provincial Trunk Highway 6, the primary roadway in the region, crosses the Saskatchewan River at the Grand Rapids bridge.Grand Rapids was on the main canoe route toward the west. Fort Bourbon stood here at one time. It also sits across the river from Misipawistik Cree Nation.In 1894 fire destroyed a number of buildings in the Grand Rapids docks. The steamboat Colvile also caught fire and was destroyed.[2]

The first Fort Bourbon was built here in 1741 but was soon moved.[3] Grand Rapids was the only significant obstacle on the Saskatchewan-North Saskatchewan between the Rocky Mountains and Lake Winnipeg. Going downstream the rapids were usually run demi-chargé using the south channel. Upstream the boats were pulled by towlines. In the 1780s the Hudson's Bay Company (HBC) began to use York boats on the river. A log road was constructed so that these large boats could be hauled on rollers. Here in June 1819, in retaliation for the Battle of Seven Oaks HBC governor William Williams captured a number of North West Company men. The next year the Nor'Westers captured some HBC men at the same spot. See Pemmican War[3]In the 1870s the railroad reached Lake Winnipeg and steamboats appeared on the lake and river. In 1877 a 3 mi (4.8 km) long narrow-gauge railway using horse-drawn tramcars was built around the rapids. The spread of railways made the tramway obsolete and the HBC closed it in 1909. It was used for tourist excursions for the next forty years.[3] By the 1980s remains were still visible and parts of the trail were still in use.

Historical Forex News

USD/CAD Price Forecast: Wobbles around 20-day EMA

The USD/CAD pair ticks down to near 1.3718 during Asian trading hours on Thursday. The Loonie pair trades slightly lower, while the US Dollar (USD) declines sharply as United States (US) President Donald Trump has reiterated threats to fire Federal Reserve (Fed) Chair Jerome Powell.FX Street2025-06-26

U.S. Dollar Tests Yearly Lows As Traders Prepare For Powell's Successor: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

Recent reports indicate that Donald Trump will name Powell's successor by September or October.FXEmpire2025-06-26

USD/CAD Price Forecast: Bulls have the upper hand while above 100-period SMA on H4, near 1.3675

The USD/CAD pair builds on the previous day's bounce from the 1.3680-1.3675 area, or the weekly low, and gains some positive traction during the Asian session on Wednesday. Spot prices climb to a fresh daily high, around the 1.3730-1.3735 region in the last hour as bearish Crude Oil prices undermine the commodity-linked Loonie, through a softer US Dollar (USD) caps gain.FX Street2025-06-25

U.S. Dollar Stays Close To Yearly Lows: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

U.S. dollar failed to gain upside momentum as traders remained cautious near yearly lows.FXEmpire2025-06-25

USD/CAD edges higher ahead of Fed Powell's remarks

The Canadian Dollar (CAD) is softening against the US Dollar (USD) on Wednesday as the currency pair attempts to break free from a consolidation phase.FX Street2025-06-25

Pound Canadian Dollar Exchange Rate Forecast: GBP/CAD Slips from Eight-Year Best

As we enter the second half of the week, we may see fresh remarks by BoE Governor Andrew Bailey drive impetus in the Pound to Canadian Dollar (GBP/CAD) exchange rate. If he maintains his hawkish outlook and continues to question expectations for an August interest rate cut, Sterling sentiment is likely to strengthen.ExchangeRates2025-06-25

USD/CAD remains supported above 1.3700 ahead of Canada's CPI release

The US Dollar retreated against its Canadian Counterpart on Monday as Trump's announcement of a ceasefire in the Middle East boosted risk appetite. The pair's reversal, however, has been capped above 1.3700 with investors awaiting Canadian inflation figures.FX Street2025-06-24

USD/CAD Price Forecast: Bearish outlook remains in play below 1.3750

The USD/CAD pair trades in negative territory around 1.3720 during the early European session on Tuesday. The Greenback weakens against the Canadian Dollar (CAD) as a ceasefire between Iran and Israel comes into effect following four waves of Iranian attacks on Israeli-occupied territories.FX Street2025-06-24

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

Fed Chair Powell noted that interest rates were modestly restrictive.FXEmpire2025-06-24

USD/CAD edges lower as Canada's inflation steadies in May

The Canadian Dollar (CAD) is reacting to the latest Consumer Price Index (CPI) data released by Statistics Canada on Tuesday, which showed inflation steadying in May.FX Street2025-06-24

USD/CAD Price Forecast: Extends winning streak amid risk-off mood

The USD/CAD pair extends its winning streak for the fifth trading day on Monday. The Loonie pair gains as demand for safe-haven assets, such as the US Dollar (USD), has increased after the direct involvement of the United States (US) into the aerial war between Israel and Iran over the weekend.FX Street2025-06-23

U.S. Dollar Retreats From Session Highs As Treasury Yields Pull Back: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The American currency moved lower as traders focused on the strong pullback in Treasury yields.FXEmpire2025-06-23

USD/CAD strengthens as Middle East tensions support Greenback

USD/CAD is trading stronger on Monday, holding around 1.3780 after touching an intraday high of 1.3803 earlier in the session.FX Street2025-06-23

EUR/CAD Price Forecast: Holds gains above 1.5750 due to persistent bullish bias

EUR/CAD extends its winning streak for the fifth consecutive day, trading around 1.5780 during the Asian hours on Friday. Technical analysis on the daily chart indicates a strengthening bullish bias as the currency cross moves upwards within the ascending channel pattern.FX Street2025-06-20

U.S. Dollar Pulls Back Ahead Of The Weekend: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

U.S. dollar is moving lower as traders stay focused on Middle East conflict.FXEmpire2025-06-20

USD/CAD Price Forecast: Recovers to near 20-day EMA

The USD/CAD pair extends its two-day recovery move to near 1.3710 during Asian trading hours on Thursday. The Loonie pair attracts bids as the US Dollar (USD) gains further, while Middle East tensions have escalated amid the possibility of the United States (US) striking Iran, Bloomberg reported.FX Street2025-06-19

GBP/CAD Forecast: Pound Price Muted vs Loonie Dollar following UK CPI

As we move towards Thursday, the Pound Canadian Dollar exchange rate will likely be driven by the publication of the Bank of England's upcoming interest rate decision on Thursday. As the central bank is widely expected to leave rates on hold, GBP investor attention will likely turn to the BoE's accompanying forward guidance.ExchangeRates2025-06-19

USD/CAD remains close to 1.3730 highs amid fears of a wider Middle East conflict

The USD/CAD advances for the third consecutive day on Thursday and remains steady above 1.3700 at the moment of writing, after having tested the early June highs, near the 1.3730 area earlier today. The US Dollar is one of the strongest G8 performers on Thursday, as investors rush for safe assets, amid growing fears that the US will strike Iran, bringing the Middle East conflict into a full-blown war of unforeseeable consequences.FX Street2025-06-19

Japanese Yen Cross Currents: EUR/JPY, GBP/JPY, CHF/JPY, CAD/JPY

Geopolitical tensions and safe-haven flows are driving Japanese yen volatility. Here's a technical breakdown of key yen crosses including EUR/JPY, GBP/JPY, CHF/JPY and CAD/JPY.Forexcom2025-06-18

U.S. Dollar Retreats Ahead Of Fed Decision: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

Forex traders wait for Powell's comments and monitor geopolitical developments.FXEmpire2025-06-18

Canadian Dollar Forecast: USD/CAD Climbs Ahead of FOMC Decision

Over the last two trading sessions, USD/CAD has posted a gain of nearly 0.8% as markets anticipate today's decision from the U.S. Federal Reserve. The Canadian dollar has begun to show a bearish bias in the short term, driven by growing demand for the U.S. dollar—both from the dollar's recent rebound and expectations surrounding the Fed.Forexcom2025-06-18

USD/CAD trades flat ahead of Fed rate decision and Powell's remarks

The Canadian Dollar (CAD) is trading flat against the US Dollar (USD) on Wednesday as markets adopt a cautious tone ahead of the Federal Reserve's (Fed) Federal Open Market Committee (FOMC) Meeting.FX Street2025-06-18

USD/CAD falls toward 1.3550 due to higher Oil prices, Canada's 10-year yield

USD/CAD continues to lose ground for the fourth successive session, trading around 1.3560 during the European hours on Tuesday. The pair depreciates as the Canadian Dollar (CAD), a commodity-linked currency, draws support from the higher crude Oil prices, given Canada's status as the largest crude supplier to the United States (US), the largest Oil consumer.FX Street2025-06-17

USD/CAD Price Forecast: Sees more downside towards 1.3400

The USD/CAD pair wobbles inside Monday's trading range around 1.3575 during the early European trading session on Tuesday. The Loonie pair trades sideways as investors await the Federal Reserve's (Fed) monetary policy announcement on Wednesday.FX Street2025-06-17

USD/CAD steadies as traders digest mixed US Retail Sales data ahead of the Fed

The Canadian Dollar (CAD) is holding its ground against the US Dollar (USD) on Tuesday, with USD/CAD moving sideways near 1.3575.FX Street2025-06-17

CAD holds minor gain on USD – Scotiabank

The Canadian Dollar (CAD) is a mild outperformer on the session, catching a modest bid alongside the Australian Dollar (AUD) and New Zealand Dollar (NZD), Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret note.FX Street2025-06-17

USD/CAD rebounds to near 1.3600 as Oil prices correct downwards, G7 Summit eyed

USD/CAD is trading around 1.3600 during the Asian hours on Monday after rebounding from eight-month low of 1.3566, which was recorded on June 13. The pair gains ground as the commodity-linked Canadian Dollar (CAD) faces challenges due to a decline in the crude Oil prices.FX Street2025-06-16

USD/CAD  approaches YTD lows at 1.3565 after failure at 1.3600

The USD/CAD recovery attempt seen during Monday's early trade has failed to find acceptance above 1.3600. The pair retraced gains afterwards, weighed by broad-based US Dollar weakness, and is approaching eight-month lows at 1.3565.FX Street2025-06-16

USD Net Shorts Hit Record as AUD Bears Rise, CAD and EUR Gain – COT Report

Traders ramped up bearish bets on the US dollar, pushing net-short exposure to record levels. Meanwhile, AUD saw renewed short interest, while CAD and EUR gained favour among large speculators.Forexcom2025-06-16

Pound Canadian Dollar Exchange Rate Forecast: GBP Tests 1.844 amid Surging Oil Prices

Looking ahead to this week, the Pound Canadian Dollar exchange rate (GBP/CAD) will likely be driven by the publication of the Bank of England's latest interest rate decision on Thursday. With the central bank expected to leave interest rates unchanged at its upcoming policy meeting, market attention is likely to centre on the bank's.ExchangeRates2025-06-16

U.S. Dollar Retreats As Demand For Safe-Haven Assets Falls: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

Demand for safe-haven dollar declined despite tensions in the Middle East.FXEmpire2025-06-16

USD/CAD remains capped below 1.3660 lows as higher crude prices support the Loonie

The US Dollar rallied on early trade on Friday, boosted by the risk-averse reaction to Israel's attack on Iran, but was capped at 1.3660 before returning to levels close to 1.3600 as the escalating Oil prices have pushed the Canadian Dollar higher. Crude prices have surged on concerns that escalating tensions between Iran and Israel might disrupt Oil traffic through the strategic Strait of Hormuz, leading to significant restrictions in global supply.FX Street2025-06-13

USD/CAD climbs to mid-1.3600s as safe-haven buying benefits USD and offsets surging Oil prices

The USD/CAD pair stages a modest recovery from sub-1.3600 levels, or its lowest level since October 2024 touched during the Asian session on Friday and reverses a major part of the previous day's losses. The momentum lifts spot prices to a fresh daily top, closer to mid-1.3600s in the last hour, and is exclusively sponsored by the rebounding US Dollar (USD).FX Street2025-06-13

CAD soft vs. USD but performing well vs.

The Canadian Dollar (CAD) is trading marginally lower vs. the US Dollar (USD) while performing well against most of the G10 currencies, its performance insulated by the Canadian dollar's relationship to oil prices, Scotiabank's Chief FX Strategist Shaun Osborne notes.FX Street2025-06-13

USD strengthens on geopolitical risks as oil offers CAD support – Scotiabank

The US Dollar (USD) is strengthening broadly on the back of geopolitical tensions as market participants respond to news of Israeli airstrikes launched against Iran, Scotiabank's Chief FX Strategist Shaun Osborne notes.FX Street2025-06-13

USD/CAD breaks 1.3600 as US Dollar weakness returns

The Canadian Dollar (CAD) is trading higher against the US Dollar (USD) in the American session on Friday, with the Loonie erasing gains from earlier sessions.FX Street2025-06-13

U.S. Dollar Pulls Back From Session Highs Amid Geopolitical Developments: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

Demand for safe-haven assets increased after Israel attacked Iran's nuclear-related facilities, but traders have already started to sell the dollar.FXEmpire2025-06-13

USD/CAD bounces up from lows but remains on the defensive below 1.3700

The US Dollar is posting a mild recovery against its Canadian counterpart on Thursday's European trading session. The pair bounced up from one-week lows, with the CAD losing ground as Oil prices ease, but maintains its broader bearish trend intact, with bulls capped well below the 1.3700 level so far.FX Street2025-06-12

USD/CAD Price Forecast: Falls to near 1.3650, eight-month lows

The USD/CAD pair is retracing its recent gains registered in the previous session, trading around 1.3660 during the Asian hours on Thursday. A persistent bearish sentiment prevails as the pair moves downwards within the descending channel pattern, suggested by the technical analysis of the daily chart.FX Street2025-06-12

Pound to Canadian Dollar News: GBP/CAD Approaches One-Month Low

Looking ahead, the main catalyst of movement for Pound to Canadian Dollar (GBP/CAD) exchange rate in the second half of the week is likely to be the release of the UK's latest GDP figures. The Office for National Statistics (ONS) is expected to report that the economy shrank in April, with economists predicting a 0.1% contraction in.ExchangeRates2025-06-12

U.S. Dollar Retreats As PPI Misses Estimates: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The disappointing Initial Jobless Claims report put additional pressure on the American currency.FXEmpire2025-06-12

USD/CAD Mid-Day Outlook

USD/CAD's decline resumed by breaking through 1.3633 support and intraday bias is back on the downside. Decisive break of 61.8% projection of 1.4414 to 1.3749 from 1.4014 at 1.3603 will pave the way to 100% projection at 1.3349.Action Forex2025-06-12

Canadian Dollar Forecast: USD/CAD Breaks Through Support

USD/CAD crashed through multi-year trend support with price plunging nearly 3% off the May high- risk for further losses. Battle lines drawn on the weekly technical chart.Forexcom2025-06-12