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Today's Forex News

U.S. Dollar Gains Ground As Traders Focus On PMI Data: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The weaker-than-expected Composite PMI report did not put pressure on the American currency.FXEmpire2025-02-21

Canadian Dollar Forecast: USD/CAD Coils Ahead of Trump Tariffs

USD/CAD trades near the monthly low (1.4151) despite the looming Trump tariffs for Canada.Forexcom2025-02-21

USD/CAD Price Forecast: Recovers to near 1.4200

The USD/CAD pair gains to near the key resistance of 1.4200 in European trading hours on Friday. The Loonie pair moves higher after recovering from the three-day low of 1.4166, which it posted on Thursday.FX Street2025-02-21

Additional News:



Currency Exchange Niverville - FAQ

Currency exchange in Niverville 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.

Niverville is a town in the Canadian province of Manitoba, located approximately 42 km (26 mi) south of downtown Winnipeg. This primarily farming community has seen an influx of people moving from the city looking to raise a family outside the 'big city' influence. This migration has made Niverville one of the youngest and fastest growing communities in Manitoba. The town is located at the crossing of Provincial Road 311 and the CPR Emerson rail line, between Provincial Road 200 and Provincial Trunk Highway 59. Niverville's population as at the 2016 Census is 4,083.[1] The town lies between the northwest corner of the Rural Municipality of Hanover and the southeastern portion of the Rural Municipality of Ritchot.

The area of Niverville was first developed by railway tycoon Joseph Whitehead in 1874, who spent more than C$1,700 in its development as a station. However, the station was established not by Whitehead, but by William Hespeler, who was instrumental in recruiting Mennonite settlers from the Russian Empire settlers to the nearby East Reserve. Initially the town that grew up around the station was named Hespeler, but eventually became known by the name of the railway station, Niverville. The town is named after an 18th-century explorer and fur trader Chevalier Joseph-Claude Boucher de Niverville.[3] This choice of name was made by the Canadian Pacific Railway in 1877 – one year before the railway into town was built and an official town plan was actually registered. Originally within the Rural Municipality of Hanover, Niverville was incorporated as a village in 1969 and later as a town in 1993.Niverville's history is closely tied to grain. Niverville is located on the western boundary and a mile south of the northern boundary of the eight townships of land reserved for Mennonite settlement in 1873. The influx of Mennonites, Low German-speaking farmers, began in 1874 and shortly after the CPR Emerson line was complete in 1878 they were joined by a number of settlers of British ancestry with names like Stott, Church, and Wallace who settled just west the rail line off the reserve. The Mennonite settlers, whose farming skills were well suited for the region due to their experience with farming on the Germanic low lands and Pontic steppes, came originally from Friesland, the northern region of the Netherlands (their place of origin), moving to the Vistula Delta in the 17th century, then the Russian Empire under the protection of Katherine the Great, before finally migrating and landing at the nearby junction of the Red and Rat rivers. Once landed they made their way onto the reserved lands to claim their individual homesteads. William Hespeler, the Dominion Immigration and Agriculture Agent for Manitoba, was the first to make an effort to establish a commercial centre on the reserve by purchasing land from individual farmers and laying out a town plan for Niverville. The first grain elevator in western Canada, a unique round structure was built in Niverville in 1879 by him. It was from this elevator that the first western Canadian barley was shipped to overseas markets. To commemorate his contributions his name has recently been appropriated for Niverville's newest and largest park. The hardiness and determination of the early Mennonite settlers, coming from a harsh environment in Russia, ensured that this unforgiving land would be transformed into a place from which livelihoods could be wrested, albeit at considerable effort and cost. In later years, these generous settlers sent grain in relief to others suffering famine in Russia. Many inhabitants today are from Mennonite or British stock, with a growing number of immigrants of other backgrounds.One odd piece of Niverville history is the Niverville Pop Festival which took place on May 24, 1970 on an abandoned farm 2.4 km (1.5 mi) east of the junction of Highway 59 and Provincial Road 305. Widely publicized, it attracted approximately 12,000 young folks, mainly from Winnipeg, to hear a variety of rock and folk bands. Having nowhere to park save a summer-fallowed field and some dirt roads, everything turned into a sea of mud when a sudden thunderstorm struck, cutting the festival short. Not wishing to lose the opportunity, many festival patrons shed all clothing (including underwear) and splashed around in the rain and mud while waiting for any one of several local Mennonite farmers who cashed in on the opportunity, charging $5 apiece to tow cars back to the pavement of Highway 59.

Historical Forex News

USD/CAD Price Forecast: Tests nine-day EMA barrier after breaking above 1.4200

The USD/CAD pair remains steady after registering gains for the last two successive days, trading near 1.4220 during early European hours on Thursday. Technical analysis on the daily chart indicates that the pair has broken above the falling wedge pattern, a bullish formation signaling a potential upward move.FX Street2025-02-20

U.S. Dollar Tests Multi-Week Lows: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

Falling Treasury yields put pressure on the American currency.FXEmpire2025-02-20

USD/CAD declines to near 1.4200 as US Dollar underperforms its peers

The USD/CAD pair falls sharply to near the key level of 1.4200 in North American trading hours on Thursday. The Loonie pair weakens as the US Dollar (USD) underperforms its major peers, with the US Dollar Index (DXY) declining to near 106.70.FX Street2025-02-20

Pound to Canadian Dollar Rate Rangebound despite Positive Market Mood and UK Data

At the time of writing GBP/CAD traded at around CA$1.7922, virtually unchanged from Thursday's opening rate. On Thursday, the Pound (GBP) fluctuated against the majority of its rivals following the release of the UK's latest BRC consumer confidence data.ExchangeRates2025-02-20

USD/CAD Price Forecast: Could test 1.4200 barrier near nine-day EMA

The USD/CAD pair gives up its recent gains from the previous session, trading near 1.4180 during Asian hours on Wednesday. Technical analysis on the daily chart suggests a falling wedge pattern, a bullish formation that suggests a potential breakout to the upside.FX Street2025-02-19

USD/CAD trades with caution as FOMC minutes take centre stage

The USD/CAD pair trades subduedly below 1.4200 in Wednesday's European session. The Loonie pair is slightly down as the US Dollar (USD) ticks lower ahead of the Federal Open Market Committee (FOMC) minutes for the January policy meeting, which will be published at 19:00 GMT.FX Street2025-02-19

USD/CAD Analysis: The Canadian Dollar Holds Neutrality After CPI Release

USD/CAD has maintained a strong downward trend in recent sessions, falling by more than 1% over the last five trading days, as the Canadian dollar continues to gain ground.Forexcom2025-02-19

Tariffs continue to be the main driver of USD/CAD – Danske Bank

Today focus in CAD FX turns to the January inflation figures at 14:30 CET , Danske Bank's FX analyst Mohamad Al-Saraf reports.FX Street2025-02-18

USD/CAD Price Forecast: First downside target emerges near 1.4150, eyes on Canadian CPI inflation data

USD/CAD Price Forecast: First downside target emerges near 1.4150, eyes on Canadian CPI inflation dataFX Street2025-02-18

U.S. Dollar Gains Some Ground As Treasury Yields Rise: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

U.S. dollar moved higher as the yield of 10-year Treasuries settled back above the 4.50% level.FXEmpire2025-02-18

USD/CAD Mid-Day Outlook

USD/CAD is staying in tight range above 1.4150 temporary low and intraday bias remains neutral. Deeper decline will remain in favor as long as 1.4378 resistance holds.Action Forex2025-02-18

USD/CAD faces pressure near intraday high of 1.4200 after hot Canadian CPI report

The USD/CAD pair attracts offers near the intraday high of 1.4200 in Tuesday's North American session. The Loonie pair faces pressure as the Canadian Dollar (CAD) discovers buying interest after the release of the Canadian Consumer Price Index (CPI) data for January, which showed that price pressures accelerated.FX Street2025-02-18

USD/CAD edges higher to near 1.4200 ahead of FOMC Minutes

USD/CAD edges higher to near 1.4200 ahead of FOMC MinutesFX Street2025-02-18

USD/CAD remains capped below 1.4200, investors brace for Canadian CPI release

USD/CAD remains capped below 1.4200, investors brace for Canadian CPI releaseFX Street2025-02-17

Canadian Dollar Forecast: USD/CAD Heavy as Tariff Shock Fades, US Data Softens

USD/CAD is under pressure as soft US data and fading tariff fears shift sentiment. With Canada's economy surprising to the upside, is the pair setting up for a deeper unwind?Forexcom2025-02-17

U.S. Dollar Is Flat At The Start Of The Week: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

U.S. dollar lacks momentum in quiet trading on Presidents' Day.FXEmpire2025-02-17

USD/CAD steadies below 1.4200 as USD finds support near two-month low

The USD/CAD pair ticks higher to near 1.4190 in Monday's North American session after rebounding from a two-month low of 1.4150, which it posted on Friday. The Loonie pair edges higher as the US Dollar (USD) gains ground, with the US Dollar Index (DXY) holding the two-month low of 106.60.FX Street2025-02-17

Pound to Canadian Dollar Week Ahead Forecast: GBP/CAD Rises to 1.788, Canadian Inflation Ahead

GBP/CAD fluctuated higher last week as US tariff concerns and UK GDP boosted the pairing. After an initial upside, the Pound (GBP) then faced headwinds at the start of the week as markets priced in more interest rate cuts from the Bank of England (BoE).ExchangeRates2025-02-17

USD/CAD holds steady below 1.4200 ahead of Canadian CPI release

USD/CAD holds steady below 1.4200 ahead of Canadian CPI releaseFX Street2025-02-17

GBPUSD, USDCAD Outlook: Dollar Loses Market Steam

GBPUSD, USDCAD Outlook: Following this year's steep market drop against the US Dollar, a reversal may be developing as the Dollar loses momentum. However, key geopolitical risks from Trump policies cloud a clear confirmation.Forexcom2025-02-17

USD/CAD Price Forecast: Remains subdued below 1.4200 near falling wedge's lower threshold

The USD/CAD pair continues its losing streak for the fourth successive session, trading around 1.4190 during the Asian hours on Friday. The daily chart's technical analysis shows a falling wedge pattern, which is a bullish chart pattern that signals a potential breakout to the upside.FX Street2025-02-14

U.S. Dollar Retreats As Retail Sales Fall: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The weaker-than-expected Retail Sales report put significant pressure on the American currency.FXEmpire2025-02-14

USD/CAD posts fresh two-week low near 1.4160 after dismal US Retail Sales data

The USD/CAD pair extends its downside and posts a fresh two-week low near 1.4160 in Friday's North American session. The Loonie pair weakens as the US Dollar (USD) slides further after the release of the poor United States (US) Retail Sales data for January.FX Street2025-02-14

USD/CAD faces pressure above 1.4300 on optimism over Russia-Ukraine peace

The USD/CAD pair falls below the key level of 1.4300 in Thursday's European session. The Loonie pair faces selling pressure as the US Dollar (USD) is underperforming its peers amid risk-on market sentiment.FX Street2025-02-13

USD/CAD slides down to a two-month low around 1.4255 – BBH

USD/CAD dropped to a two-month low around 1.4255 on broad USD weakness , BBH's FX analysts report.FX Street2025-02-13

Pound to Canadian Dollar News: GBP/CAD Rate Firms amid US Metal Tariff Fears

At the time of writing the GBP/CAD exchange rate traded at CA$1.7796. Up roughly 0.2% from Wednesday's opening levels.ExchangeRates2025-02-13

U.S. Dollar Retreats As Traders Focus On Tariff Plans: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

U.S. dollar is under pressure despite higher-than-expected PPI report.FXEmpire2025-02-13

USD/CAD weakens below 1.4200 as investors brace for US Retail Sales data

USD/CAD weakens below 1.4200 as investors brace for US Retail Sales dataFX Street2025-02-13

Market Analysis: GBP/USD Recovers While USD/CAD Takes A Dive

On the hourly chart of GBP/USD at FXOpen, the pair formed a base above the 1.2330 level. The British Pound started a steady increase above the 1.2360 resistance zone against the US Dollar, as discussed in the previous analysis.Action Forex2025-02-12

USD/CAD gathers strength near 1.4300, traders await US CPI release

USD/CAD gathers strength near 1.4300, traders await US CPI releaseFX Street2025-02-12

U.S. Dollar Gains Ground As Inflation Rate Rises To 3%: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The higher-than-expected inflation data provided support to the American currency.FXEmpire2025-02-12

USD/CAD jumps as hot US CPI boosts Fed ‘higher for longer' interest rates bets

The USD/CAD pair climbs to near 1.4340 in North American trading hours on Wednesday. The Loonie pair gains as the US Dollar (USD) strengthens after the release of the United States (US) Consumer Price Index (CPI) report for January, which showed that price pressures rose at a faster-than-expected pace in January.FX Street2025-02-12

USD/CAD is trading at the lower end of the 1.4260-1.4800 range – BBH

USD/CAD is trading at the lower end of its year-to-date 1.4260-1.4800 range, BBH FX analysts report.  FX Street2025-02-12

USD/CAD holds positive ground above 1.4300 as US CPI rises, Oil prices fall

USD/CAD holds positive ground above 1.4300 as US CPI rises, Oil prices fallFX Street2025-02-12

USD/CAD Price Forecast: Holds above 1.4300 ahead of Fed Powell's testimony

The USD/CAD pair trades inside Monday's trading range around 1.4330 in Tuesday's European session. The Loonie pair consolidates as investors await Federal Reserve (Fed) Chair Jerome Powell's testimony before Congress at 15:00 GMT.FX Street2025-02-11

USD/CAD holds below 1.4300 ahead of US CPI release

USD/CAD holds below 1.4300 ahead of US CPI releaseFX Street2025-02-11

USD/CAD Price Forecast: Tests 1.4350 resistance near nine-day EMA

The USD/CAD pair ends its four-day losing streak, trading around 1.4350 during Monday's European session. The daily chart's technical analysis suggests uncertainty among buyers and sellers regarding the asset's long-term direction as the pair consolidates within a rectangular pattern.FX Street2025-02-10

U.S. Dollar Moves Higher At The Start Of The Week: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

Donald Trump's plans to impose 25% tariffs on aluminum and steel imports provide support to the American currency.FXEmpire2025-02-10

USD/CAD gives up majority of intraday gains, outlook remains firm on Trump's tariff threats

The USD/CAD pair surrenders a majority of intraday gains and falls back to near 1.4340 from the intraday high of 1.4380, but is still 0.35% higher in Monday's North American session. The outlook of the Loonie pair remains firm on widening troubles for the Canadian Dollar (CAD).FX Street2025-02-10

GBP/CAD Forecast: Pound Canadian Dollar Exchange Rate Tumbles amid BoE's Dovish Shift

GBP/CAD Exchange Rate Sinks to Two-Week Low The Pound to Canadian Dollar (GBP/CAD) exchange rate fell back last week in response to the Bank of England's (BoE) first interest rate decision of 2025. The GBP/CAD exchange rate closed last week trading at around CA$1.7780.ExchangeRates2025-02-10

USD/CAD gains momentum above 1.4300 ahead of Fed Chair Powell's testimony

USD/CAD gains momentum above 1.4300 ahead of Fed Chair Powell's testimonyFX Street2025-02-10

USD/CAD to trend higher on the current situation – BBH

USD/CAD is stabilizing around key technical support at 1.4300, BBH FX analysts note.FX Street2025-02-07

USD/CAD consolidates in a range around 1.4300 ahead of US/Canadian jobs data

The USD/CAD pair extends its sideways consolidative price move for the third straight day and remains confined in a narrow trading band around the 1.4300 mark through the first half of the European session on Friday. Spot prices, however, manage to hold above the 1.4260 area, or the year-to-date (YTD) low retested on Wednesday, as traders await monthly employment details from the US and Canada before placing fresh directional bets.FX Street2025-02-07

GBP/CAD Forecast: Rising Unemployment to Sink the Canadian in Dollar?

At the time of writing the GBP/CAD exchange rate traded at CA$1.7772. Down roughly 0.6% from Thursday's opening levels.ExchangeRates2025-02-07

U.S. Dollar Gains Ground As Inflation Expectations Increase: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

U.S. dollar moved higher as traders focused on the significant increase in year-ahead inflation expectations.FXEmpire2025-02-07

CAD: Good time to buy the USD on dips – TDS

Tariff risk premia evaporates. Two talking points dominate client discussions — tariffs and positioning, TDS' FX analysts Jayati Bharadwaj and Mark McCormick note.FX Street2025-02-07

USD/CAD drops to near 1.4300 after US-Canada employment data

The USD/CAD pair falls to near 1.4300 in North American trading hours on Friday. The Loonie pair drops after the release of the employment data for January in both the United States (US) and Canada.FX Street2025-02-07

USD/CAD declines after mixed US job report

The USD/CAD pair pulled back to 1.4305 following the release of January's Nonfarm Payrolls (NFP) data, which fell significantly short of expectations. The report showed the US economy added just 143K jobs, well below the 307K forecast, triggering a pullback in the US Dollar.FX Street2025-02-07

USD/CAD Exchange Rate Stabilises

As we reported on 3 February, the decision by the US president to impose 25% tariffs on goods imported from Canada sent the USD/CAD rate soaring to a 22-year high.Action Forex2025-02-06

USDCAD: Rebound

On the H4, USDCAD, after a sharp fall, reached a critical support area and rebounded. DeMarker came out of the oversold zone, which makes a slight rise possible on a break above the AMA.Action Forex2025-02-06

U.S. Dollar Rebounds: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

U.S. dollar gained ground, supported by rising Treasury yields.FXEmpire2025-02-06

GBPCAD Technical Analysis

The USDCAD pair is seeing a slight increase on Thursday, trading around 1.4345 after bouncing from a two-week low of 1.4270. The US Dollar has regained some strength after three days of losses while falling oil prices are putting pressure on the Canadian Dollar.Action Forex2025-02-06

USD/CAD holds positive ground above 1.4300 ahead of US, Canadian labour market data

USD/CAD holds positive ground above 1.4300 ahead of US, Canadian labour market dataFX Street2025-02-06