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Today's Forex News

USD/CAD Price Forecast: Pulls back from multi-year highs near 1.4500

The USD/CAD pair ends its two-day winning streak, trading near 1.4450 during Monday's European session. From a technical standpoint, the daily chart suggests the pair trading within an ascending channel, indicating a continued bullish bias.FX Street2025-01-20

GBP/USD Under Pressure, USD/CAD Powers Higher

On the hourly chart of GBP/USD at FXOpen, the pair struggled to continue higher above the 1.2320 resistance zone. The British Pound started a fresh decline and traded below the 1.2270 support zone against the US Dollar, as discussed in the previous analysis.Action Forex2025-01-20

Pound Canadian Dollar Rate Outlook: GBP/CAD Tumbles amid UK Bond Market Worries

At the time of writing GBP/CAD traded at around CA$1.7580, down roughly 0.2% from Friday's opening rate. Last week, the Pound (GBP) experienced significant fluctuations and declined sharply against most major currencies as the UK's bond market continued to exert pressure on the British currency.ExchangeRates2025-01-20

U.S. Dollar Pulls Back On Tariff Optimism: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

U.S. dollar is under strong pressure as Donald Trump would not impose new tariffs on his first day in the office.FXEmpire2025-01-20

USD/CAD: Vols firm in nervous trade ahead of Trump 2.0 – OCBC

The Canadian Dollar (CAD) has failed to pick up any support amid a broadly softer USD this morning. It, along with the MXN and JPY, is a relative underperformer on the session after reaching a minor, new 5-year low overnight—just under 1.45.FX Street2025-01-20

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: Extends recovery above 1.4400

USD/CAD Price Forecast: Extends recovery above 1.4400FX Street2025-01-17

GBPCAD Wave Analysis

GBPCAD currency pair recently reversed up with the daily Japanese candlesticks reversal pattern Hammer from the strong support level 1.7490, which has been steadily reversing this currency pair from the start of August.Action Forex2025-01-17

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

U.S. dollar gains ground as traders focus on the better-than-expected Housing Starts report.FXEmpire2025-01-17

USD/CAD jumps to near 1.4430 as investors turn cautious ahead of Trump's inauguration

The USD/CAD pair climbs to near 1.4430 in Friday's North American session. The Loonie pair strengthens as the Canadian Dollar (CAD) performs weakly, with investors turning cautious as United States (US) President-elect Donald Trump is scheduled to take oath on Monday.FX Street2025-01-17

USD/CAD Price Forecast: The first upside barrier emerges above 1.4400

USD/CAD Price Forecast: The first upside barrier emerges above 1.4400FX Street2025-01-16

USD/CAD climbs to 1.4385 amid sliding Oil prices, modest USD strength ahead of US data

The USD/CAD pair builds on the overnight bounce from the 1.4300 mark, over a one-week low and gains strong follow-through positive traction on Thursday. The intraday move up remains unabated through the first half of the European session and lifts spot prices to a fresh daily high, around the 1.4385 region in the last hour.FX Street2025-01-16

Pound to Canadian Dollar Rate Muted following Softer-than-Forecast UK CPI

At the time of writing GBP/CAD traded at around CA$1.7513, virtually unchanged from Wednesday's opening rate. The Pound (GBP) managed to hold steady against most of its peers on Wednesday and managed to recoup the majority of its losses from earlier in the week following the publication of the UK's latest consumer price index (CPI).ExchangeRates2025-01-16

U.S. Dollar Pulls Back As Retail Sales Miss Estimates: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The American currency continues to move away from yearly highs as traders react to Retail Sales data.FXEmpire2025-01-16

USD/CAD jumps to near 1.4400 as US Dollar rises ahead of Trump's inauguration

The USD/CAD pair climbs to near the key resistance of 1.4400 in Thursday's North American session. The Loonie pair strengthens as the US Dollar (USD) recovers Wednesday's losses, with investors turning cautious ahead of President-elect Donald Trump's swearing ceremony on January 20.FX Street2025-01-16

CAD can't hold technical break versus the USD – Scotiabank

The CAD has eased back after probing the low 1.43 area yesterday, Scotiabank's Chief FX Strategist Shaun Osborne notes.FX Street2025-01-16

USD/CAD holds below 1.4400 on weaker US Dollar, lower US yields

USD/CAD holds below 1.4400 on weaker US Dollar, lower US yieldsFX Street2025-01-16

Canadian Dollar Forecast: USD/CAD Breakout Looms as Trump Takes Office

The US Dollar is poised to mark a second weekly decline against the Canadian Dollar with USD/CAD holding a well-defined monthly range just below uptrend resistance. Battle lines drawn on the USD/CAD weekly technical charts ahead of the Presidential Inauguration & Canada CPI.Forexcom2025-01-16

USD/CAD remains subdued near 1.4350 due to reduced US trade concerns

USD/CAD stays silent after two days of losses, trading around 1.4360 during the Asian hours on Wednesday. The downside in the USD/CAD pair can be attributed to an improved outlook for foreign currency inflows, reduced US trade concerns, and hawkish expectations for the Bank of Canada (BoC).FX Street2025-01-15

NZDCAD Bearish Sentiment Breakdown

The NZDUSD pair continues to rise for the second straight day, trading near 0.5610 on Tuesday morning. This boost is partly due to China's recent economic support measures, as New Zealand's close trade ties with China mean its economy heavily influences the New Zealand Dollar.Action Forex2025-01-15

U.S. Dollar Rebounds As Traders Weigh Inflation Data: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

U.S. dollar is swinging between gains and losses as traders focus on inflation reports, which indicated that Core Inflation Rate declined from 3.3% to 3.2%.FXEmpire2025-01-15

USD/CAD holds below 1.4350 as US CPI data boosts Fed rate cut bets

USD/CAD holds below 1.4350 as US CPI data boosts Fed rate cut betsFX Street2025-01-15

EUR/USD, USD/CAD, USD/CHF Struggling for Direction as Rate Links Fray

USD/CAD, USD/CHF, and EUR/USD are breaking away from their once-strong correlation with US interest rates and yield spreads, with the relationship significantly weakening in recent weeks.Forexcom2025-01-15

US Dollar Forecast: USD/CAD Susceptible to Test of Monthly Low

USD/CAD falls to a fresh weekly low (1.4303) as the US Consumer Price Index (CPI) shows an unexpected downtick in the core rate of inflation, and the exchange rate may threaten the positive slope in the 50-Day SMA (1.4175) if it fails to defend the monthly low (1.4280).Forexcom2025-01-15

USD/CAD holds below 1.4400 on rising oil prices, US PPI data looms

USD/CAD holds below 1.4400 on rising oil prices, US PPI data loomsFX Street2025-01-14

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

The lower-than-expected PPI report put pressure on the American currency.FXEmpire2025-01-14

USD/CAD weakens to near 1.4350 on cooler-than-expected US PPI inflation data

USD/CAD weakens to near 1.4350 on cooler-than-expected US PPI inflation dataFX Street2025-01-14

USD/CAD advances to near 1.4450 as US jobs figures bolster hawkish mood surrounding Fed

USD/CAD continues to gain ground for the fifth successive day, trading around 1.4440 during the European hours on Monday. However, the USD/CAD pair appreciated as the US Dollar (USD) strengthened as the robust US labor market data for December will likely reinforce the US Federal Reserve's (Fed) stance to keep interest rates steady in January.FX Street2025-01-13

U.S. Dollar Starts The Week On A Strong Note: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The American currency tested yearly highs as traders remained bullish at the start of the week.FXEmpire2025-01-13

USD/CAD ticks lower to near 1.4420 as BoC unlikely to continue reducing rates by 50 bps

The USD/CAD pair edges lower to near 1.440 in Monday's North American session. The Loonie pair ticks lower as the Canadian Dollar (CAD) exhibits strength after Canada's surprisingly upbeat labor market data weighed on market expectations for the Bank of Canada (BoC) to continue reducing interest rates at a larger-than-usual pace of 50 basis points (bps).FX Street2025-01-13

Pound to Canadian Dollar Week Ahead Forecast: CAD Driven by External Factors

At the time of writing GBP/CAD traded at around CA$1.7603, down roughly 0.6% from Friday's opening rate. The Pound (GBP) began the week on the back foot, dropping against most of its major counterparts, after the UK's December services PMI data came in below expectations.ExchangeRates2025-01-13

USD/CAD attracts some sellers to near 1.4350 ahead of US PPI release

USD/CAD attracts some sellers to near 1.4350 ahead of US PPI releaseFX Street2025-01-13

USD/CAD extends winning streak ahead of US-Canada labor market data

The USD/CAD pair extends its winning spree for the fourth trading session on Friday ahead of the official employment of the United States (US) and Canada for December. The Loonie pair ticks higher slightly above 1.4400 as the US Dollar (USD) edges up, with the US Dollar Index (DXY) staying above the key support of 109.00.FX Street2025-01-10

USD/CAD in Holding Pattern Ahead of US, Cdn. Jobs Data

The Canadian dollar started the week with strong gains but has shown little movement since then. In the European session, USD/CAD is trading at 1.4411, up 0.12% at the time of writing.Action Forex2025-01-10

USD/CAD rises above 1.4400 as US Dollar Index rallies toward two-year highs

USD/CAD continues its winning streak for the fourth successive session, trading around 1.4420 during the Asian hours on Friday. The USD/CAD pair appreciates as the US Dollar (USD) receives support from hawkish Federal Open Market Committee (FOMC) Meeting Minutes and uncertainties surrounding tariff plans proposed by the incoming Trump administration.FX Street2025-01-10

USDCAD Wave Analysis

USDCAD currency pair recently reversed up from the support zone located between the support level 1.43000, 20-day moving average and the support trendline of the sharp daily up channel from September.Action Forex2025-01-10

U.S. Dollar Tests Yearly Highs After NFP Report: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The strong Non Farm Payrolls report provided significant support to U.S. dollar.FXEmpire2025-01-10

Canadian Dollar Forecast: USD/CAD - Trump, Trudeau, Tiff and Tariffs

With a move such as we've seen in USD/CAD, where the pair drove to fresh four-year-highs and finished a year above 1.4000 for the first time in more than two decades, there's often multiple drivers at work. And to be sure, that certainly seems to be the case here, as a strong U.S. Dollar in Q4 went along with the introduction of possible tariffs on Canadian exports to the United States, which helped to prod that break above the big figure.Forexcom2025-01-10

USD/CAD stays above 1.4350 due to lower Oil prices, hawkish policy shift by Fed

USD/CAD edges lower after registering gains in the previous two sessions, trading around 1.4370 during the Asian hours on Thursday. However, the USD/CAD pair faced challenges as the US Dollar (USD) appreciated due to increased hawkish sentiment surrounding the Federal Reserve's (Fed) policy outlook in 2025.FX Street2025-01-09

USD/CAD struggles to break above 1.4400 ahead of US-Canada employment data

The USD/CAD pair struggles to extend its upside above the immediate resistance of 1.4400 from the last two trading sessions. The Loonie pair trades inside Wednesday's trading range in Thursday's European session, with investors focusing on the United States (US) and Canadian employment data for December, which will be published on Friday.FX Street2025-01-09

GBPCAD: Critical Moment

In the Weekly timeframe, GBPCAD has formed an ascending channel pattern. However, the price has fallen to the lower trendline, and the lower Bollinger line is being tested, indicating oversold conditions.Action Forex2025-01-09

Pound Canadian Dollar (GBP/CAD) Exchange Rate Dips

At the time of writing GBP/CAD traded at around CA$1.7879, down roughly 0.2% from Wednesday's opening rate. The Pound (GBP) struggled to garner investor interest on Wednesday and edged lower against the majority of its peers.ExchangeRates2025-01-09

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

U.S. dollar gains ground as traders stay focused on FOMC Minutes, which were released yesterday.FXEmpire2025-01-09

US Dollar Forecast: USD/CAD Stages Three-Day Rally

USD/CAD attempts to retraces the decline from the start of the week as it stages a three-day rally, and the exchange rate may track the positive slope in the 50-Day SMA (1.4139) as it holds above the moving average.Forexcom2025-01-09

USD/CAD remains steady around 1.4350 ahead of FOMC Meeting Minutes

USD/CAD retraces its recent gains from the previous session, trading around 1.4350 during the European hours on Wednesday. However, the pair downside risks for the pair could be restrained as the US Dollar (USD) strengthens by a hawkish shift in investor sentiment regarding the Federal Reserve's (Fed) interest rate outlook, following robust US economic data.FX Street2025-01-08

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

U.S. dollar gains ground as traders react to U.S. economic reports.FXEmpire2025-01-08

EUR/CAD Price Forecast: Maintains position below nine-day EMA near 1.4900

EUR/CAD continues to decline for the second consecutive session, trading near 1.4880 during Tuesday's Asian session. Technical analysis on the daily chart suggests a mildly bullish bias, as the pair remains within an ascending channel pattern.FX Street2025-01-07

USD/CAD: Early elections are likely in Canada – Commerzbank

Yesterday afternoon, European time, Canadian Prime Minister Justin Trudeau officially announced that he was stepping down as leader of the Liberal Party and that he would resign as Prime Minister once a successor had been found. The move did not come as a complete surprise.FX Street2025-01-07

USD/CAD falls to near 1.4300 due to political and trade-related developments in Canada

The USD/CAD pair remains subdued as the Canadian Dollar (CAD) receives support from news that Canadian Prime Minister Justin Trudeau would announce his plans to step down but said it expected to happen before an emergency meeting of Liberal legislators on Wednesday. The USD/CAD pair trades around 1.4310 during the European hours on Tuesday.FX Street2025-01-07

USD/CAD drifts lower to near 1.4300 as Canada's Justin Trudeau announces resignation as Prime Minister

USD/CAD drifts lower to near 1.4300 as Canada's Justin Trudeau announces resignation as Prime MinisterFX Street2025-01-07

U.S. Dollar Moves Higher After JOLTs Report: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The American currency gains ground as traders increase bets on hawkish Fed.FXEmpire2025-01-07

U.S. Dollar Price Action Setups: EUR/USD, USD/CAD, SPX

- As I shared in the webinar, I think it's unlikely that both USD and equity strength remain in-play for the entirety of this year, and I expect the Dollar to mean-revert at some point. But for now, bulls have held higher-low support and there's support potential down to the Fibonacci level of 106.61.Forexcom2025-01-07

USD/CAD Price Forecast: Moves below 1.4400 after pulling back from recent highs

The USD/CAD pair ends its four-day winning streak, trading near 1.4390 during Monday's European session. From a technical perspective, the daily chart shows the pair moving within an ascending channel, signaling a continued bullish bias.FX Street2025-01-06

EUR/CAD Price Forecast: Failure near 200-day SMA support-turned-resistance favors bearish traders

The EUR/CAD cross struggles to capitalize on Friday's recovery move from the 1.4770 area, or the vicinity of a one-month low and meets with a fresh supply at the start of a new week. Spot prices remain depressed through the early European session and currently trade around the 1.4850-1.4845 region, down over 0.25% for the day.FX Street2025-01-06

U.S. Dollar Is Under Pressure Amid Tariff Policy Reports: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

Forex markets are volatile as traders focus on Donald Trump's comments regarding his tariff policy.FXEmpire2025-01-06

Canadian Dollar Forecast: PM Trudeau Resigns, USD/CAD Uptrend Intact

Canadian Prime Minister Justin Trudeau has just announced his resignation after nearly a decade in power, throwing the country into a period of political uncertainty. Once celebrated as a transformative leader, Trudeau's popularity plummeted due to economic challenges, a housing affordability crisis, and internal party dissent.Forexcom2025-01-06