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Today's Forex News

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

Additional News:



Currency Exchange Portage-la-Prairie - FAQ

Currency exchange in Portage-la-Prairie 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.

Portage la Prairie (/ˈpɔːrtɪdʒ lə ˈpreɪri/) is a small city in the Central Plains Region of Manitoba, Canada. As of 2016, the population was 13,304 and the land area of the city was 24.68 square kilometres (9.53 sq mi).[2] Portage la Prairie is approximately 75 kilometres (47 mi) west of Winnipeg, along the Trans-Canada Highway (exactly between the provincial boundaries of Saskatchewan and Ontario), and sits on the Assiniboine River, which flooded the town persistently until a diversion channel north to Lake Manitoba (the Portage Diversion) was built to divert the flood waters. The city is surrounded by the Rural Municipality of Portage la Prairie. According to Environment Canada, Portage la Prairie has the most sunny days during the warm months in Canada.It is the administrative headquarters of the Dakota Tipi First Nations reserve.

The area was first inhabited by Indigenous people, long before European settlers began to arrive prior to 1850. In September 1738, after the fur trade had extended into Western Canada. Pierre Gaultier de Varennes, sieur de La Vérendrye (a French-Canadian explorer and fur trader) built Fort La Reine north of the Assiniboine River to serve as a fur trading post, and provide the explorers with a "home" operating base, from which they would explore other parts of central Manitoba and western North America. In 1851, Archdeacon William Cochrane (Cockran)[5] of the Anglican Church, John McLean,[6] as well as other ambitious settlers, were among the first to purchase the first land in the area from the local Indigenous people, around what is now Crescent Lake (formerly known as "The Slough"). A school was soon built as settlers poured in from the east, followed by a church (St. Mary's La Prairie, 1854), and numerous local businesses as the community began to form. The fertile soils of the Portage la Prairie area were discovered in the 1850s, giving birth to the future agriculturally based economy of the village; Cochrane encouraged people to start growing crops and gardens on their properties to fulfill the needs of the growing food demand. A local government was formed in 1857, and by the 1860s, there were sixty homes in the community.The 1870s was a decade of rapid growth, as many more settlers moved to Portage, establishing farms and opening new businesses. By this time, the village had an operating flour mill, a local newspaper, and a community fair; just to name a few of Portage's highlights. From the 1870s to the 1880s, the community increased in population by approximately 10 times (from 300 to 3,000). Freight and supplies were transported by oxcart and steamboat until the arrival of the Canadian Pacific Railway (CPR) in 1881, the year Portage was incorporated as a town. Thomas Collins was the first mayor of Portage la Prairie.In 1907, Portage was incorporated as a city, and from that point on, managed to keep a gradual rate of growth and development, serving as a regional hub for agriculture, retail, manufacturing and transportation in central Manitoba.During World War II, the Royal Canadian Air Force constructed Canadian Forces Base Portage la Prairie in support of the British Commonwealth Air Training Plan. The station was controlled by the RCAF but used naval personnel as high-frequency direction finding operators. The station's priority was German U-boat traffic. This site and CFB Rivers located at Rivers, Manitoba helped to increase the fix accuracy immensely.Commercial cultivation of industrial cannabis was banned in Canada in 1938, but in 1928 1,640 acres (660 ha) of industrial hemp was grown in Canada, with 1,200 acres (490 ha) of that being in Portage la Prairie.[7]The name of the city is derived from the French word portage, which means to carry a canoe overland between waterways. In this case the "portage" was between the Assiniboine River and Lake Manitoba, over la prairie.

Historical Forex News

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

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

British pound's strong pullback provided additional support to the American currency.FXEmpire2025-09-02

USD/CAD rebounds toward 1.3800 as US Dollar firms, PMIs data in focus

The Canadian Dollar (CAD) loses ground for the second straight day on Tuesday, with USD/CAD rebounding from near four-week lows as the US Dollar (USD) strengthens broadly. The Greenback's recovery is underpinned by rising US Treasury yields and a global bond sell-off led by UK Gilts, which has spilled over into North American markets and lifted demand for the USD.FX Street2025-09-02

CAD softer versus USD but pick up on the crosses – Scotiabank

The Canadian Dollar (CAD) is softer against the generally stronger US Dollar (USD) on the session but losses are relatively limited, leaving the CAD the top-performer after the big dollar among G10 currencies, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.FX Street2025-09-02

GBP/CAD slides to four-week low as UK gilt rout rattles Sterling, Canada PMI shows improvement

The Pound Sterling (GBP) faces broad-based selling pressure on Tuesday, with GBP/CAD tumbling sharply as concerns over the United Kingdom's (UK) fiscal trajectory and surging Gilt yields dominate market sentiment.FX Street2025-09-02

USD/CAD steadies near four-week low amid thin holiday trading

The Canadian Dollar (CAD) is slightly weaker against the US Dollar (USD) on Monday, with USD/CAD rebounding from earlier losses to halt a four-day decline. The pair is trading higher on the day, benefiting from a modest recovery in the Greenback, which had earlier dipped to its lowest level in more than a month during Asian trading hours.FX Street2025-09-01

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

The American currency is losing ground as traders stay bearish amid worries about Fed independence.FXEmpire2025-09-01

Pound to Canadian Dollar Rate Holds Firm as Traders Eye UK PMI, Canada Jobs

The Pound to Canadian Dollar (GBP/CAD) opened the week broadly steady, drifting in a tight range as oil swings, a sparse UK calendar, and a busy Canadian docket—trade balance and jobs—set the tone ahead of the UK services PMI. Latest — Exchange Rates:Pound to Canadian Dollar (GBP/CAD): 1.86208 (+0.37%)Euro to Canadian Dollar.ExchangeRates2025-09-01

USD/CAD hovers around 1.3750 ahead of US PCE, Canada GDP Annualized data

USD/CAD halts its three-day losing streak, hovering around 1.3750 during the Asian trading hours on Friday. The pair maintains its position as the US Dollar (USD) advances as the United States (US) economy grew in the second quarter.FX Street2025-08-29

U.S. Dollar Pulls Back As Traders React To PCE Price Index Report: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The American currency is under pressure as traders shrug off inflation worries and bet on dovish Fed.FXEmpire2025-08-29

USD/CAD steady near 1.3750 as traders await US PCE inflation and Canada GDP

The USD/CAD is virtually unchanged on Friday, trading flat after pausing a three-day losing streak as traders turn cautious ahead of the US Personal Consumption Expenditures (PCE) inflation report and Canada's Gross Domestic Product (GDP), both scheduled for release at 12:30 GMT.FX Street2025-08-29

U.S. Dollar Retreats Despite Strong GDP Data: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The American currency is moving lower as traders bet on dovish Fed.FXEmpire2025-08-28

USDCAD Falls Despite a US GDP Data Beat – Technical Outlook

GDP data for Q2 just got released – A 3.3% annualized beat vs a 3.1 expectations could have been expected to lead to a USD rally, but the reverse happened instead.Action Forex2025-08-28

USD/CAD ticks up around 1.3850, Fed Cook's ousting keeps US Dollar on back foot

The USD/CAD pair edges higher to near 1.3850 during the late Asian trading session on Wednesday. The Loonie pair gains marginally as the US Dollar (USD) ticks up, with the US Dollar Index (DXY) rising slightly to near 98.35.FX Street2025-08-27

U.S. Dollar Gains Ground As Traders Focus On Trump's Battle Against The Fed: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The American currency gains ground as traders stay focused on Trump's effort to fire Lisa Cook.FXEmpire2025-08-27

USD/CAD picks up to 1.3850, remains wavering within previous ranges 

USD/CAD picks up to 1.3850, remains wavering within previous ranges FX Street2025-08-27

USD/CAD trades cautiously around 1.3850 as Trump fires Fed's Cook

The USD/CAD pair trades with caution around 1.3850 against the US Dollar (USD) on Tuesday. The Loonie pair faces slight selling pressure as United States (US) President Donald Trump has fired Federal Reserve (Fed) Governor Lisa Cook over mortgage allegations.FX Street2025-08-26

Pound to Canadian Dollar Week Ahead Forecast: Oil Prices, BoC Cut Bets to Steer CAD

Looking ahead to this new week, the Pound to Canadian Dollar exchange rate (GBP/CAD) will likely be driven by the publication of Canada's latest GDP reading, scheduled for release on Friday. The growth rate is expected to tick lower for 2025's second quarter, which could weigh on the ‘Loonie' should the data print as.ExchangeRates2025-08-26

U.S. Dollar Retreats As Trump Fires Fed's Cook: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

Worries about Fed independence put pressure on the American currency.FXEmpire2025-08-26

USD/CAD pulls back below 1.3850 ahead of US data, BoC Macklem's speech

USD/CAD pulls back below 1.3850 ahead of US data, BoC Macklem's speechFX Street2025-08-26

U.S. Dollar Gains Ground As New Home Sales Beat Estimates: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The American currency is moving higher as forex traders buy the dip.FXEmpire2025-08-25

CAD flat vs. the USD and gaining on crosses – Scotiabank

The Canadian Dollar (CAD) is entering Monday's NA session unchanged vs. the USD as it consolidates Friday's Jackson Hole-driven gains.FX Street2025-08-25

USD/CAD Price Forecast: Faces selling pressure above 200-day EMA

The USD/CAD pair trades cautiously near Friday's low around 1.3820 during the European trading session on Monday. The Loonie pair struggles to gain ground as the US Dollar stays under pressure, following comments from Federal Reserve (Fed) Chair Jerome Powell that cooling United States (US) labor market conditions have opened the door for the resumption of the monetary expansion cycle.FX Street2025-08-25

USD/CAD hits fresh three-month highs above 1.3900, focus on Fed Powell's speech

USD/CAD remains stronger for the fourth successive session, reaching a three-month high at 1.3915 during the Asian hours on Friday. The pair appreciates as the US Dollar (USD) gains ground amid easing odds of a Federal Reserve (Fed) interest rate cut in September.FX Street2025-08-22

USD/CAD holds gains above 1.3900 with Canada's Retail Sales, Fed Powell on focus  

USD/CAD holds gains above 1.3900 with Canada's Retail Sales, Fed Powell on focus  FX Street2025-08-22

EUR/CAD Price Forecast: Showing signs of topping at 1.6190 YTD highs

The Euro is losing momentum against the Canadian Dollar on Friday. The common currency was rejected at the 1.6190 long-term highs for the second time this week, suggesting that the rally from late July highs is over, but bears should break below 1.6125 nd 1.6080 support levels to confirm a corrective reversal.FX Street2025-08-22

U.S. Dollar Dives After Powell's Dovish Comments: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

Powell signaled that Fed was ready to cut rates in September.FXEmpire2025-08-22

USD/CAD slides as Powell turns dovish, Canadian Retail Sales upbeat

USD/CAD tumbles over 0.49% during the North American session as Fed Chair Jerome Powell leaned dovish and strong Canadian Retail Sales boosted the Loonie. At the time of writing, the pair trades at 1.3835 after hitting a daily high of 1.3924.FX Street2025-08-22

USD/CAD Price Forecast: Testing key resistance at the 1.3880 area  

USD/CAD Price Forecast: Testing key resistance at the 1.3880 area  FX Street2025-08-21

USD/CAD rises to fresh three-month highs near 1.3900

USD/CAD continues to gain ground for the second successive day, trading around 1.3870 during the Asian hours on Wednesday. The pair appreciates as the US Dollar (USD) gains ground ahead of the US Federal Reserve's (Fed) Minutes for the July meeting.FX Street2025-08-20

U.S. Dollar Pulls Back As Trump Says Fed's Cook Must Resign: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

Fed's Cook may be investigated for potential fraud over a pair of mortgages.FXEmpire2025-08-20

USD/CAD is pushing against multi-month highs at 1.3880  

The US Dollar extends gains against its Canadian Counterpart on Wednesday, with price action pushing against the 1.3880 level, where the pair was capped on August 1. Intra-day charts show some hesitation at current levels, but technical indicators are pointing higher, suggesting the possibility of further appreciation.FX Street2025-08-20