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Today's Forex News

Canadian Dollar Forecast: USD/CAD Rallies on Fed, BoC Rate Cuts

It's been a bullish reaction in the USD to yesterday's rate cut from the Fed, and this bears some resemblance to last year, when the currency initially pressed into a fresh yearly low on news of the cut, only to rally during the press conference. For last year's scenario, however, the currency remained near those lows for about two weeks before ultimately reversing and that USD rally ran through Q4 trade and into the 2025 open.Forexcom2025-09-18

CAD trading flat vs. USD – Scotiabank

The Canadian Dollar (CAD) is trading flat against the US Dollar (USD), having recovered its Asian session losses through the start of early European trade, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.FX Street2025-09-18

USD/CAD falls back ahead of US Initial Jobless Claims data

The USD/CAD pair gives up its early gains and flattens around 1.3775 during the European trading session on Thursday. The Loonie pair falls back as the US Dollar (USD) struggles to extend its Wednesday's recovery move amid caution ahead of the United States (US) Initial Jobless Claims data for the week ending September 12, which will be published at 12:30 GMT.FX Street2025-09-18

Additional News:



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

BoC and Fed double-header as USD/CAD flirts with head-and-shoulders reversal

Global markets are bracing for a double dose of central bank action today, with both the BoC and the Fed expected to deliver interest rate cuts. While the decisions themselves are largely anticipated, the bigger question is what kind of guidance policymakers provide for the months ahead.Action Forex2025-09-17

Double Blow for USD/CAD

Both events will be accompanied by statements from the central bank chairmen on future outlooks, and the USD/CAD market is likely to experience heightened volatility today.Action Forex2025-09-17

DXY, USDCAD Outlook: Are Rate Cut Bets Fully Priced In?

BOC and Fed meetings are under the spotlight today, both with 25 bos rate cut expectations, pricing in dovish pressured on the US Dollar index back towards the 2025 trough (96.50) and the USDCAD in a holding move above key support zone 1.37.Forexcom2025-09-17

Canadian Dollar Forecast: USD/CAD Holds Support After First BOC Cut in 6 Months

No point in burying the lede: The Bank of Canada cut interest rates by 25bps (0.25%) to 2.50%, as widely expected. This is the first interest rate cut since March and extends the stop-and-go interest rate cutting cycle that the BOC kicked off last June.Forexcom2025-09-17

USD/CAD firms as BoC delivers 25 bps cut, Fed decision in focus

The Canadian Dollar (CAD) trades on the back foot against the US Dollar (USD) on Wednesday after the Bank of Canada (BoC) cut its benchmark rate by 25-basis-points (bps) to 2.50%, as expected. At the time of writing, USD/CAD is trading around 1.3757 during the American session, snapping a two-day losing streak.FX Street2025-09-17

USD/CAD Mid-Day Outlook

Outlook in USD/CAD is unchanged and intraday bias stays neutral. On the downside, firm break of 1.3725 support will complete a head and shoulder top (ls: 1.3878, h: 1.3923, rs: 1.3889).Action Forex2025-09-17

USD/CAD Price Forecast: Edges higher ahead of BoC-Fed policy outcome

The USD/CAD pair ticks up to near 1.3760 during the late European session on Wednesday. The Loonie pair gains marginally ahead of monetary policy outcomes by the Bank of Canada (BoC) and the Federal Reserve (Fed) during New York trading hours.FX Street2025-09-17

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

Forex traders wait for Powell's comments, which will have a major impact on market dynamics.FXEmpire2025-09-17

Pound to Canadian Dollar Forecast: GBP/CAD Ticks Higher After BoC Cut

The Pound Canadian Dollar (GBP/CAD) exchange rate edged higher on Wednesday following the Bank of Canada's latest interest rate decision. At the time of writing GBP/CAD traded at around CA$1.8797, up roughly 0.2% from Wednesday's opening rate.ExchangeRates2025-09-17

U.S. Dollar Tests New Lows As Traders Focus On Fed Meeting: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The American currency is losing ground as Fed meeting begins.FXEmpire2025-09-16

USD/CAD weakens as soft Canada CPI cements BoC rate cut bets

The Canadian Dollar (CAD) strengthens against the US Dollar (USD) on Tuesday, with USD/CAD extending losses for the second straight day and dropping to its lowest level since September 1.FX Street2025-09-16

Pre-FOMC USD Price Action Setups: EUR/USD, GBP/USD, USD/CAD, USD/JPY

Since the global financial collapse the Federal Reserve has largely managed markets with expectations, often communicated by the Summary of Economic Projections but also using media engagements with Fed members to sway capital flows in one direction or the other. This has been incredibly effective, on net, at least if we're evaluating the matter from the perspective of stock prices.Forexcom2025-09-16

Fed, DXY, GBP/USD, USD/CAD, 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.Forexcom2025-09-15

U.S. Dollar Moves Lower As Traders Bet On Dovish Fed: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

Forex traders bet that Fed will cut the federal funds rate on Wednesday.FXEmpire2025-09-15

CAD up marginally vs. USD – Scotiabank

The Canadian Dollar (CAD) is up marginally against the US Dollar (USD) but underperforming most of the G10 currencies in generally quiet trade, its modest strength hinting to a renewed recovery echoing similar attempts observed in early and mid/late August, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.FX Street2025-09-15

USD/CAD Analysis: The Canadian Dollar Starts the Week Strong Ahead of CPI Release

The week begins with a bias in favor of the Canadian dollar, which has appreciated by around 0.25% against the U.S. dollar. This move comes as markets anticipate the release of inflation data in Canada, scheduled for tomorrow.Forexcom2025-09-15

Pound to Canadian Dollar Week Ahead Forecast: UK Jobs/CPI and Oil Prices

The Pound to Canadian Dollar exchange rate (GBP/CAD) zig-zagged last week as a sparse UK/Canada data slate left the pair at the mercy of risk appetite, UK GDP disappointment, and oil-driven moves in the Loonie. Looking ahead, twin rate decisions from the Bank of England and Bank of Canada — alongside UK jobs and inflation — will set the.ExchangeRates2025-09-15

British Pound Price Action Setups: GBP/USD, GBP/JPY, GBP/CAD, GBP/CAD

The British pound is trading at pivotal levels across major currency pairs, with GBP/USD stalling near 1.36, GBP/JPY consolidating above 200, GBP/CAD reversing from resistance, and GBP/AUD under sustained pressure. With volatility likely to rise around upcoming economic data, traders are watching closely for breakouts or reversals across sterling markets.Forexcom2025-09-15

Canadian Dollar Forecast: USD/CAD Stays Strong as USD Holds Weak

Next week brings the Fed and the long-awaited rate cut that markets have been vying for since early in the year. And markets want more if we look at rate expectations, as there's 75 bps in cuts priced in for this year and another 75 priced in for next year, even with inflation remaining high following this week's CPI release.Forexcom2025-09-12

USD/CAD slips below 1.3850 amid weaker US consumer sentiment

The Canadian Dollar (CAD) strengthens modestly against the US Dollar (USD) on Friday, with USD/CAD hovering around 1.3840 during the American session. The pair is on track to record its second consecutive weekly gain, as the Greenback steadies following Thursday's Consumer Price Index (CPI)-induced decline.FX Street2025-09-12

Canadian Dollar Short-term Outlook: USD/CAD Rejected at Resistance

USD/CAD reversed lower today after failing at technical resistance, shifting the focus back toward uptrend support. While the broader advance remains intact, bears will be looking for a deeper test of the trendline, and the losses will need to be limited for the June uptrend to stay viable.Forexcom2025-09-11

Dollar Slips Ahead of Fed Decision: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

USD weakens as Fed cut looms. EUR and GBP rally on rate divergence; CAD and JPY mixed.FXEmpire2025-09-11

USD/CAD ticks up above 1.3850 with all eyes on the US PPI report

USD/CAD ticks up above 1.3850 with all eyes on the US PPI reportFX Street2025-09-10

CAD fails to take advantage of softer USD tone – Scotiabank

The Canadian Dollar (CAD) is trading marginally lower in overnight trade but is holding a tight range around the 1.3850 point, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.FX Street2025-09-10

USD slips back, CAD underperforms – Scotiabank

The US Dollar (USD) shrugged off the larger-than-expected downward revision to US jobs data with some ease yesterday, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.FX Street2025-09-10

Pound to Canadian Dollar Forecast: Oil Up, CAD Flat - Will UK GDP Break the Range?

The Pound to Canadian Dollar exchange rate (GBP/CAD) was subdued on Wednesday as rising crude and Brent prices failed to lift the Loonie amid trade uncertainty, while a data-light calendar kept sterling rangebound ahead of UK GDP. Latest — Exchange Rates:Pound to Canadian Dollar (GBP/CAD): 1.87646 (+0.23%)Euro to Canadian Dollar.ExchangeRates2025-09-10

DXY Rebounds as PPI Miss Tempers 50 bp Fed Cut Odds : Analysis for EUR/USD, GBP/USD, USD/CAD, USD/JPY

DXY rebounds off 97.253 as weak U.S. PPI cools 50 bp Fed cut odds. Outlook for EUR/USD, GBP/USD, USD/CAD, and USD/JPY hinges on upcoming CPI data.FXEmpire2025-09-10

CIBC US Canadian Dollar Forecast: USD/CAD at 1.35 by End-2025, Early 2026

The US Dollar to Canadian dollar (USD/CAD) exchange rate is trading above the 1.38 level despite US dollar vulnerability with fresh concerns surrounding the Canadian economy. CIBC expects the Bank of Canada will resume rate cuts, but expects Fed rate cuts will cushion the Canadian currency.ExchangeRates2025-09-09

USD/CAD Price Forecast: Consolidates around 1.3800 ahead of US NFP revision

The USD/CAD pair trades in a tight range inside Monday's range around 1.3800 during the European session on Tuesday. The Loonie pair consolidates as investors await the United States (US) Nonfarm Payrolls (NFP) benchmark revision report, which will be published at 14:00 GMT.FX Street2025-09-09

CAD holds neutral range vs USD – Scotiabank

The Canadian Dollar (CAD) is dead flat on the session, with neither the generally softer USD tone nor the bid for its commodity cousins helping lift sentiment (AUD/CAD trading near its highest since late 2024), Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.FX Street2025-09-09

Elliott Wave Blue Box Payoff: CADJPY Drops as Predicted

In this technical blog, we are going to take a look at the past performance of CADJPY Daily Elliott wave Charts that we presented to our members. In which, the decline from 7.10.2024 high took place in a double three corrective sequence and showed a lower sequence calling for more downside to happen.Action Forex2025-09-09

DXY Rebounds but Bearish Bias Remains – Analysis for EUR/USD, GBP/USD, USD/CAD, USD/JPY

DXY rebounds from a 7-week low, but Fed rate cut bets and weak U.S. jobs data keep pressure on. EUR, GBP firm; JPY gains on BoJ hike hopes.FXEmpire2025-09-09

Pound to Canadian Dollar Forecast: Post Gilt Shock, Will UK GDP Cap GBP vs CAD?

The Pound to Canadian Dollar exchange rate (GBP/CAD) fell last week as soaring UK gilt yields unnerved markets before stabilisation and firmer UK data helped sterling pare losses. With UK GDP due and CAD tethered to oil and broader risk, the next move hinges on data and energy prices.ExchangeRates2025-09-08

Aussie strength meets Loonie weakness, AUD/CAD targets 0.9128 and above

AUD/CAD resumed its rally from 0.8440 last week, breaking decisively through 0.9041 resistance level. The move reflects diverging fundamentals between Canadian Dollar, which is weighed down by weak domestic data, and Australian Dollar, which is drawing support from stronger consumption and external demand.Action Forex2025-09-08

USD/CAD Price Forecast: Corrects to near 1.3800 as Fed rate cut bets weigh on US Dollar

The USD/CAD pair retraces to near 1.3800 at the start of the week from its weekly high of 1.3855 posted on Friday. The Loonie pair fails to continue its five-day winning streak as the US Dollar faces selling pressure amid firm expectations that the Federal Reserve (Fed) will cut interest rates in the policy meeting next week.FX Street2025-09-08

USD/CAD extends the rally above 1.3800 as odds of BoC rate cut rise

The USD/CAD pair extends its upside to near 1.3830 during the early European trading hours on Monday. A weaker Canadian job report undermines the Canadian Dollar (CAD) against the US Dollar (USD).FX Street2025-09-08

Fed rate cut bets hit dollar; euro, pound rise, yen and loonie lag: Analysis for EUR/USD, GBP/USD, USD/CAD, USD/JPY

Dollar slips as Fed rate cut bets grow; EUR and GBP strengthen, CAD stalls on weak jobs, and JPY softens amid Japan's political shake-up.FXEmpire2025-09-08

U.S. Dollar Dives As Non Farm Payrolls Drop to 22,000: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The American currency is under strong pressure as traders focus on the weak job market report.FXEmpire2025-09-05

USD/CAD steadies near 1.3800 as Canada jobs slump offsets US Dollar weakness

The Canadian Dollar (CAD) weakens on Friday after dismal labor market data, but broad US Dollar (USD) softness following a weak US Nonfarm Payrolls (NFP) report kept USD/CAD's upside in check. The pair is holding near the 1.3800 handle, rebounding from a four-day low in the aftermath of the release.FX Street2025-09-05

U.S. Dollar Gains Ground As ISM Services PMI Beats Estimates: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The strong performance of the services sector provides support to the American currency.FXEmpire2025-09-04

CAD softer as USD gains broadly – Scotiabank

The Canadian Dollar (CAD) is a little lower against the generally firmer US Dollar (USD), Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.FX Street2025-09-04

Pound to Canadian Dollar Price News, Forecast: Oil Price Drag Weighs on CAD

The Pound to Canadian Dollar exchange rate (GBP/CAD) held in a tight range on Thursday as softer oil prices weighed on the Loonie, while a cautious risk mood and lingering Bank of England hawkishness helped Sterling stay resilient. With Canada's trade numbers and the UK's retail sales due, attention turns to whether domestic data can.ExchangeRates2025-09-04

U.S. Dollar Pulls Back As JOLTs Job Openings Drop: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The American currency is under pressure as JOLTs report missed analyst expectations.FXEmpire2025-09-03

USD/CAD surges to near 1.3800 as US yields rise ahead of Fed Beige Book

USD/CAD extends its gains for the third successive session, trading around 1.3800 during the European hours on Wednesday. The US JOLTS Job Openings and the US Federal Reserve (Fed) Beige Book will be eyed later in the North American session.FX Street2025-09-03