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Today's Forex News

USD/CAD holds losses near 1.4400 due to improved crude Oil prices

USD/CAD breaks its three-day winning streak, trading around 1.4400 during the European hours on Monday. The USD/CAD pair loses ground as US Dollar (USD) holds losses amid thin trading volumes ahead of the New Year holiday.FX Street2024-12-30

Additional News:



Currency Exchange Neepawa - FAQ

Currency exchange in Neepawa 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.

Neepawa is a town in Manitoba, Canada located on the Yellowhead Highway at the intersection with Highway 5. As of 2016 its population was 4,609.[1] Neepawa was incorporated as a town in 1883. It is bordered by the Municipality of North Cypress – Langford and Rural Municipality of Rosedale. Neepawa is the self-proclaimed Lily capital of the world in part because of its Lily Festival.[2] The town has also been named "Manitoba's Most Beautiful Town", more than any other community in the province.

In the many years before European settlement, the lands around Neepawa were primarily used by the Cree and the Assiniboine. Native peoples in the area followed a regular cycle by following the Plains Bison to take shelter in the areas north of Neepawa in the winter, and then heading south again across the plains and beyond Neepawa in the summer.[4] The town name of Neepawa comes from the Cree word for "Land of Plenty", the name was first used around 1873.[5] Prior to settlement, the only Europeans in the area were primarily fur traders, many people made their way through the area on the North Fort Ellice Trail which went from the Red River to Edmonton.[4] It was on this trail that a group of settlers from Listowel, Ontario eventually decided to settle in 1877, where the Stony and Boggy creeks meet.[4]The Neepawa area was in what was then known as "The Northwest Territories", just to the west of the 1870 boundary of Manitoba. During the next 30 years, many settlers came to live in the area. The first settlers were from the British Isles. Eastern European settlers also came from countries such as Poland and Hungary and built the Hun Valley Settlement near Neepawa.[5] Neepawa only joined Manitoba when the western edge of the then "postage stamp province" was expanded to its present western borders in 1881.[5]John A. Davidson and Jonathon J. Hamilton arrived in the town in 1880, they were the first real business men of the town buying land and surveying them into lots.[4] In 1881 John Hamilton and John Davidson built a store and a grist mill near the junction of Boggy and Stoney Creeks. Like many western Manitoba towns at the time, Neepawa eagerly await the arrival of the railway in the 1880s. Sometime after the railway reached Gladstone, Manitoba in 1882, Davidson and Hamilton offered the Manitoba and Northwestern Railway (which was leased to CPR) a land grant and a financial bonus of $16,000 to construct their line within the town limits and the railway agreed to build their station within Neepawa.[4]Soon a village grew and on the 23 of September, 1883 the town of Neepawa was incorporated.[6] Dr. David Harrison who owned a private bank in Neepawa was elected Premier of Manitoba in 1887.[7] Neepawa's first hospital was completed in 1904 and had the capacity for 20 patients. The hospital included a nursing school. Neepawa's first school opened in 1881. It was a three-story building finally completed in 1898 and used until 1928. The Neepawa Salt Company mined salt here from 1932 until 1970.[8]Author Margaret Laurence wrote several books through the 1960s and 1970s, depicting the town under the name of Manawaka. On May 12, 2010 Neepawa was the host of Manitoba's 140th birthday party. The town was chosen as the site of the festivities as a result of winning a contest within the province.

Historical Forex News

USD/CAD Price Forecast: Trades back and forth around 1.4400

The USD/CAD pair trades in a tight range around 1.4400 in Friday's European session. The Loonie pair consolidates as trading activity has muted in a holiday-curtailed week.FX Street2024-12-27

USD/CAD depreciates to near 1.4400 as improved Oil prices support the Canadian Dollar

USD/CAD remains tepid following two days of gains, trading around 1.4410 during the Asian hours on Friday. The USD/CAD pair holds minor losses as the Canadian Dollar (CAD) gains ground due to improved crude Oil prices, given Canada is the largest Oil exporter to the United States (US).FX Street2024-12-27

U.S. Dollar Is Moving Lower: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The American currency is losing some ground ahead of the weekend.FXEmpire2024-12-27

U.S. Dollar Gains Ground After Christmas: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The better-than-expected Initial Jobless Claims report provided support to the American currency.FXEmpire2024-12-26

USD/CAD Price Forecast: Hovers around the ascending channel's upper boundary at 1.4400

USD/CAD breaks its three-day losing streak, trading around 1.4380 during the European session on Tuesday. From a technical standpoint, the daily chart suggests that the USD/CAD pair is testing the upper boundary of an ascending channel, indicating a strengthening bullish bias.FX Street2024-12-24

U.S. Dollar Gains Ground In Quiet Trading: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

U.S. dollar stays strong on Christmas Eve as traders bet on hawkish Fed.FXEmpire2024-12-24

USD/CAD wobbles around 1.4400 amid quiet trading session ahead of Christmas Day

The USD/CAD pair trades sideways around 1.4400 in Tuesday's North American session. The Loonie pair consolidates as it follows the footprints of the US Dollar (USD), which is grappled with volatility contraction in a thin volume trading day due to the holiday-shortened week.FX Street2024-12-24

USD/CAD trades with positive bias amid modest USD strength, remains below 1.4400

The USD/CAD pair attracts some dip-buyers at the start of a new week and for now, seems to have stalled its corrective slide from the highest level since March 2020 touched last Thursday. Spot prices stick to modest intraday gains through the first half of the European session and currently trade around the 1.4380 region, up less than 0.10% for the day.FX Street2024-12-23

Pound to Canadian Dollar Rate Outlook for Week Ahead: Canada and UK GDP Data

The Pound Canadian Dollar (GBP/CAD) exchange rate fluctuated last week following the Bank of England (BoE)'s latest interest rate decision. The Pound (GBP) started the week on a strong note against its peers, buoyed by the country's latest services PMI, which surpassed market expectations.ExchangeRates2024-12-23

U.S. Dollar Moves Towards Yearly Highs: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The disappointing CB Consumer Confidence and Durable Goods Orders reports did not put pressure on the American currency.FXEmpire2024-12-23

USD/CAD returns above 1.4400 despite Canadian GDP beats estimates

The USD/CAD pair recovers sharply above 1.4400 in Monday's North American session. The Loonie pair gains as the US Dollar (USD) bounces back strongly at the start of the holiday-shortened week due to Christmas Eve and Boxing Day on Wednesday and Thursday, respectively.FX Street2024-12-23

CADJPY: Symmetrical triangle

In the Daily timeframe, CADJPY formed a symmetrical triangle pattern. The price is testing the upper trend line and MA50.Action Forex2024-12-23

USD/CAD moves toward multi-year highs above 1.4400 due to risk aversion, lower Oil prices

USD/CAD retraces its recent losses and edges higher toward 1.4467, the highest level not seen since March 2020, which was recorded in the previous session. The pair trades near 1.4410 during the Asian hours on Friday.FX Street2024-12-20

USD/CAD fails at 1.4435 and pulls back below 1.4400 weighed by a softer US Dollar

USD/CAD fails at 1.4435 and pulls back below 1.4400 weighed by a softer US DollarFX Street2024-12-20

USD/CAD Price Forecast: Moves away from multi-year peak, slips below 1.4400 mark

The USD/CAD pair extends its steady intraday retracement slide from the highest level since March 2020 and drops back closer to the 1.4400 mark during the first half of the European session on Thursday. The uptick could be attributed to some profit-taking amid the overbought conditions on the daily chart, though the fundamental backdrop seems tilted firmly in favor of bulls.FX Street2024-12-19

U.S. Dollar Gains Ground As GDP Growth Rate Beats Estimates: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

U.S. dollar continues to move higher as traders react to strong economic data.FXEmpire2024-12-19

USD/CAD slumps below 1.4400 as USD takes breather after a sharp run-up

The USD/CAD pair falls sharply to near 1.4360 in Thursday's North American session after posting a fresh more than four-year high at 1.4467. The Loonie pair slumps as the US Dollar (USD) bulls take a breather after a stalwart rally.FX Street2024-12-19

USD/CAD marks fresh multi-year highs near 1.4350, awaits Fed's guidance

USD/CAD extends its winning streak for the fifth consecutive day, trading around 1.4320 during the Asian hours on Wednesday. This upside could be attributed to the tepid Canadian Dollar (CAD) following dovish remarks from the Bank of Canada (BoC) Governor Tiff Macklem.FX Street2024-12-18

USD/CAD Price Forecast: Refreshes multi-year high above 1.4300

The USD/CAD pair posts a fresh more than four-year high around 1.4330 on Wednesday. The Loonie pair extends Tuesday's rally on Wednesday, which was prompted by softer-than-expected Canadian Consumer Price Index (CPI) data for November.FX Street2024-12-18

Pound to Canadian Dollar Rate: GBP/CAD Climbs following Mixed Economic Releases

The Pound gained momentum as UK average earnings exceeded forecasts, reducing the likelihood of an interest rate cut by the Bank of England. Meanwhile, the Canadian Dollar weakened as inflation fell short of expectations, increasing speculation of a potential rate cut by the Bank of Canada.ExchangeRates2024-12-18

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

Traders bet on a less dovish Fed ahead of the Fed Interest Rate Decision.FXEmpire2024-12-18

USD/CAD refreshes four-year highs above 1.4400 post-Fed hawkish cut

The USD/CAD soared to fresh yearly highs after the Federal Reserve slashed interest rates at the December meeting while opting to adopt a gradual approach to monetary policy next year. At the time of writing, the pair trades volatile at around 1.4400.FX Street2024-12-18

Canadian Dollar Technical Forecast: USD/CAD Breakout Unfolds

The US Dollar is poised to mark a fourth consecutive weekly advance against the Canadian Dollar with a breakout in USD/CAD surging to fresh multi-year highs. All eyes now fall on the Fed with the December interest rate decision on tap later today.Forexcom2024-12-18

USD/CAD: Uptrend extends above 1.3970 – Societe Generale

USD/CAD broke out from a large consolidation (above 1.3970) resulting in extension of uptrend, Societe Generale's FX analysts note.FX Street2024-12-17

USD/CAD reaches fresh four-year highs near 1.4300 amid stronger US Dollar, Treasury yields

USD/CAD continues its winning streak for the fourth consecutive day, trading around its fresh multi-year high at 1.4290 during the European hours on Tuesday. The pair gains support as the US Dollar (USD) retraces its losses from the previous two sessions, which could be attributed to the higher Treasury yields.FX Street2024-12-17

EURCAD: Bearish Outlook

European Central Bank (ECB) President Christine Lagarde has signaled that more interest rate cuts may be coming if upcoming inflation data matches expectations. Speaking at the Bank of Lithuania, Lagarde mentioned that the eurozone is nearing its 2% inflation target and hinted at further easing if the current trends continue.Action Forex2024-12-17

U.S. Dollar Is Mostly Flat As Retail Sales Beat Estimates: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The better-than-expected Retail Sales report did not provide material support to the American currency.FXEmpire2024-12-17

USD/CAD stays firm slightly below 1.4300 after US Retail Sales, Canadian CPI data release

The USD/CAD pair remains firm near 1.4280 in Tuesday's North American session after the release of the Canadian inflation and the United States (US) monthly Retail Sales data for November.FX Street2024-12-17

USD/CAD reaches multi-year highs near 1.4300 amid the Canadian political crisis

  The US Dollar keeps appreciating against the Canadian Dollar and trades right below 1.4300 for the first time in four years. Concerns about the negative impact of US tariffs on Canadian products and a political crisis in Canada are crushing the Canadian Dollar.FX Street2024-12-17

USD/CAD gains ground to multi-year highs near 1.4300, Fed rate decision looms

USD/CAD gains ground to multi-year highs near 1.4300, Fed rate decision loomsFX Street2024-12-17

GBP/USD Faces Trouble, USD/CAD Builds on Gains

On the hourly chart of GBP/USD at FXOpen, the pair struggled to continue higher above the 1.2840 resistance zone. The British Pound started a fresh decline and traded below the 1.2750 support zone against the US Dollar, as discussed in the previous analysis.Action Forex2024-12-16

Pound Canadian Dollar Week Ahead Forecast: GBP/CAD Dips despite BoC Interest Rate Cut

The Pound (GBP) began the week trading flat against most of its peers as an absence of UK data releases left the currency largely directionless. On Tuesday, with another sparse data calendar, GBP exchange rates were driven by market sentiment, which saw Sterling gain strength against several safe-haven currencies as investors adopted a.ExchangeRates2024-12-16

U.S. Dollar Pulls Back After PMI Report: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The better-than-expected Composite PMI report did not provide support to the American currency.FXEmpire2024-12-16

USD/CAD Pullback Keeps RSI Below Overbought Territory

USD/CAD pulls back from a fresh yearly high (1.4271) to keep the Relative Strength Index (RSI) below overbought territory, but a move above 70 in the oscillator is likely to be accompanied by a further advance in the exchange rate like the price action from earlier this year.Forexcom2024-12-16

USD/CAD resumes uptrend to test long-term highs at 1.4240

The US Dollar keeps trading firm against its weaker Canadian Counterpart. The mild CAD recovery attempt seen on Friday was contained above the 1.4200 level, and the pair is crawling higher again on Monday, to test four-year highs at 1.4240.FX Street2024-12-16