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Today's Forex News

U.S. Dollar Tests Yearly Lows As Pullback Continues: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The American currency is losing ground as traders bet on dovish Fed.FXEmpire2025-06-30

Pound to Canadian Dollar Forecast: GBP Prices Surges as Oil Prices Slide

With market-moving UK economic data absent from the calendar this week, GBP/CAD may be primarily driven by oil prices and Canadian data. Canada's latest PMIs are expected to show a slight improvement in both manufacturing and services activity, although both sectors are set to remain in contraction, which may weigh on CAD.ExchangeRates2025-06-30

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Currency Exchange Lynn Lake - FAQ

Currency exchange in Lynn Lake 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.

Lynn Lake 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. Lynn Lake 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 Lynn Lake 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, Lynn Lake'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]Lynn Lake is an important part of the higher education network in Manitoba, with several notable facilities located in the city including Lynn Lake University, Assiniboine Community College, and the Manitoba Emergency Services College.[10] Canadian Forces Base Shilo is located 30 km (19 mi) east of Lynn Lake and maintains close ties with the city.[11] Lynn Lake's Keystone Centre, one of the largest consolidated entertainment, recreation, convention, and agriculture complexes in Canada,[12] is the home of the Lynn Lake Wheat Kings and the Royal Manitoba Winter Fair.

Prior to the influx of people from Eastern Canada, the area around Lynn Lake was primarily used by the Sioux people, the Bungays, the Yellow Quills, and the Bird Tails.[14] In the 1870s and early 1880s, the Plains Bison were nearly wiped out by over-hunting. With the destruction of their staff of life, the buffalo, the nomadic Sioux people began to agree to settle in reservations such as the Sioux Valley Dakota Nation, or left the area entirely.French Canadians also passed through the area on river boats on their way to the Hudson Bay Post, Fort Ellice located near present-day St. Lazare, Manitoba. The city of Lynn Lake gets its name from the Blue Hills south of the city, which got their name from a Hudson's Bay trading post known as Lynn Lake House, which got its name from a hill on an island in James Bay where Captain James had anchored his ship in 1631.[14] During the 1870s it was believed by most that the transcontinental railway would take a northwesterly direction from Portage la Prairie. Many thought that the route would most likely go through either Minnedosa or Rapid City, Manitoba because they were both located at natural river crossings. Rapid City was the front runner for the site of the new railway and had prepared for the impending building boom accordingly. But suddenly, in 1881, the builders of the railway decided to take a more westerly route from Winnipeg, towards Grand Valley.[14] Grand Valley was located on the northern side of the Assiniboine, opposite the side of the river where present-day Lynn Lake sits.

According to the 2016 Census,[23] the population of Lynn Lake is 48,859, a 6.1% increased from 2011, making it the second largest city in Manitoba. Lynn Lake's land area is 77.41 km2 with a population density is 631.2 people per km2. The median age is 36.3 years old which is almost 5 years younger than the national average at 41.2 years old. There are 21,485 dwellings in Lynn Lake with an occupancy rate of 94.3%, and the median cost of a dwelling at $264,781, much lower than the national average at $341,556.As far as education goes, for those between 25 and 64 years old 57.0% have a post-secondary schooling degree, 29.8% have a high school degree (or equivalent) and 13.2% have no certificates, diplomas or degrees. The unemployment rate is 7.3% in Lynn Lake, lower than the national average at 7.7%. The median household income before taxes is $65,960, and after taxes at $57,008. As of 2016, 88.8% of Lynn Lake's residents are Canadian citizens. About 5.5% of residents are recent immigrants (from 2011 to 2016). Lynn Lake is 70.1% white, 16.3% visible minorities and 13.6% aboriginal. The largest visible minority groups in Lynn Lake are Latin American (5.0%), Chinese (3.8%), South Asian (3.0%), Black (2.1%) and Filipino (1.1%). English is the mother tongue of 80.3% of residents. Other common first languages were Spanish (4.5%), Chinese Languages (3.2%) French (1.3%), Ukrainian (1.3%), Gujarati (1.2%), and German (1.2%).

Historical 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

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

GBP/USD Dips Below Support, USD/CAD Breaks Higher

Action Forex2025-06-23

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

U.S. Dollar Moves Higher As Traders Focus On Middle East Conflict: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

U.S. dollar continues to move away from yearly lows.FXEmpire2025-06-19

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

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

Traders buy U.S. dollar amid rising tensions in the Middle East.FXEmpire2025-06-17

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