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Currency Exchange Minnedosa

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Today's Forex News

USD/CAD Shrugs Off Upbeat US Jobs Data

Action Forex2025-07-04

U.S. Dollar Pulls Back As Traders Stay Bearish: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

Yesterday's Non Farm Payrolls report did not provide sustainable support to the American currency.FXEmpire2025-07-04

Additional News:



Currency Exchange Minnedosa - FAQ

Currency exchange in Minnedosa 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.

Minnedosa is a town in the southwestern part of the Canadian province of Manitoba. Situated 50 kilometres (32 mi) north of Brandon, Manitoba on the Little Saskatchewan River. The town's name means "flowing water" in the Dakota language. The population of Minnedosa reported in the 2006 Statistics Canada Census was 2,474.[2] The town is located in the Rural Municipality of Minto and bordered to the south by the Rural Municipality of Odanah.

Prior to the arrival of Europeans in the area of Minnedosa, the land was primarily traveled and used by the nomadic Ojibway, Cree, Assiniboine, and Sioux peoples.[6] John Tanner was the grandson of John Tanner who had been raised by a Shawnee. He was an American settler who arrived in the area in 1869.[6] The younger Tanner was the first Métis settler in the area and ran a ferry service across the Little Saskatchewan River. When a bridge was built in 1879, the ferry became obsolete and at the same time, a small town, Tanner's Crossing, was started nearby. John Armitage moved to the area around this time in 1877, and began to build a sawmill and gristmill. He joined together with Tanner to lay out a new town site and eventually Armitage had accumulated 3,800 acres (15 km2) of property.[6] Tanner named the new town Minnedosa, from the Dakota word mnidúza meaning "flowing water".[6]Although Minnedosa once hoped to be a site of a river crossing for the Canadian Pacific Railway's transcontinental railway, the honour was initially given to Rapid City, while the actual site of the railway was later settled on a site much further south creating the city of Brandon.[7] In 1883 Minnedosa was incorporated as a town, it had experienced a period of growth from settlement schemes put forth by the Canadian government.[6] As Minnedosa became a town, this coincided with the actual arrival of the railway in 1883, bringing about more growth for the now quickly growing settlement.A dam was proposed in 1907 and approved in December of the same year by the Government of Canada. It was built on the Little Saskatchewan River near the town. After several delays, the dam was completed in 1912, creating Minnedosa Lake. Water first flowed over the spillway on April 10, 1912. Minnedosa was the second community in the Province of Manitoba to generate its own hydroelectric power.[6] An earlier project in 1900 was also on the Minnedosa River and supplied power to the town of Brandon, Manitoba. Initially privately owned, the generation plant was taken over by the Manitoba Power Commission in 1920 and replaced by a diesel generation plant and by 1930, power from the provincial grid. The lake was used as a source of water for the town, for recreation, and for supplying the engines of the Canadian Pacific Railway.[6] On May 4, 1948 the spillway of the dam failed due to erosion of structure, and the resulting flood damaged many homes and businesses in the town. The spillway was not repaired until 1950 by the Prairie Farm Rehabilitation Administration.[8]Since 1981 the Minnedosa Ethanol Plant has been producing ethanol to be blended into gasoline, as of late 2007 it has been expanded into one of the largest ethanol facilities in Canada. This plant is owned and operated by Husky Energy.

Historical Forex News

USD/CAD Price Forecast: Bearish outlook remains in play near 1.3600

The USD/CAD pair recovers some lost ground to near 1.3595 during the early European session on Thursday. The potential upside for the pair might be limited as weaker AUS ADP employment numbers supported market expectations of a Federal Reserve (Fed) interest rate cut.FX Street2025-07-03

Pound Canadian Dollar Exchange Rate Forecast: GBP Falters on UK Tax Hike Concerns

Looking ahead, the Pound to Canadian Dollar (GBP/CAD) exchange rate may be able to claw back some of Wednesday's losses with the release of the UK's latest services PMI. If June's finalised figures confirm an acceleration of activity in the UK's vital services sector, it could provide a modest boost to Sterling.ExchangeRates2025-07-03

U.S. Dollar Gains Ground As Non Farm Payrolls Beat Estimates: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

Traders reduce their bets on dovish Fed after the encouraging Non Farm Payrolls report.FXEmpire2025-07-03

USD/CAD Price Forecast: Trades tightly around 1.3650

The USD/CAD pair trades in a very tight range near 1.3650 during the Asian trading session on Wednesday. The Loonie trades consolidates as investors await the United States (US) Nonfarm Payrolls (NFP) data for June for fresh cues on the Federal Reserve's (Fed) monetary policy outlook.FX Street2025-07-02

CAD steady versus USD – Scotiabank

The Canadian Dollar (CAD) is steady, losing only marginal ground against the US Dollar (USD) on the session, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret note.FX Street2025-07-02

U.S. Dollar Tries To Rebound Despite Weak Job Market Data: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The American currency gained some ground despite the weak ADP Employment Change report.FXEmpire2025-07-02

USD/CAD remains subdued near 1.3600 due to improved risk appetite

USD/CAD moves little after registering over half of a percent losses in the previous session, trading around 1.3600 during the early European hours on Tuesday. The pair may further depreciate amid improving market sentiment , driven by the news expecting the US President Donald Trump's top trade officials are scaling back their goals for comprehensive reciprocal agreements with trading partners.FX Street2025-07-01

U.S. Dollar Attempts To Rebound From Yearly Lows: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The American currency is moving higher as traders focus on the encouraging JOLTs Job Openings report.FXEmpire2025-07-01

USD/CAD rises as Fed Powell confirms data-dependent stance, strong US ISM and JOLTS data

The Canadian Dollar (CAD) is edging lower against the US Dollar (USD) on Tuesday, as traders digest the latest remarks from Federal Reserve (Fed) Chair Jerome Powell. FX Street2025-07-01

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

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

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