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Currency Exchange Thompson - FAQ

Currency exchange in Thompson 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.

Thompson (population 13,678) is the largest city in the Northern Region of Manitoba and is situated along the Burntwood River, 761 kilometers (473 miles) north of Winnipeg. Originally founded in 1956 as a mining town, Thompson now primarily serves as the "Hub of the North", providing goods and services (e.g., healthcare, retail trade) to the surrounding communities. Thompson's trade area is larger than New Mexico yet contains just over 50,000 residents, with many of the smaller communities accessible only by air or winter road. Despite Thompson's isolated location in the heart of Canada's boreal forest, Thompson is directly connected to Winnipeg via paved highway, railroad (VIA Rail), and Thompson Airport. Thompson also has modern amenities (e.g., fiber optic internet) and a large retail scene, including half a dozen shopping malls and several large chain stores (e.g., Wal-Mart, Giant Tiger, Safeway, Shoppers Drug Mart, Canadian Tire). Thompson's natural and undisturbed surroundings makes it a popular community with outdoor enthusiasts:[5] the largest marina in Manitoba ("the land of 100,000 lakes") is located just 38 km (24 mi) south in Paint Lake Provincial Park, hundreds of kilometers of snowmobile trails are maintained by the Thompson Trailbreakers, and the lack of light pollution and Thompson's northern latitude allows for occasional viewing of the northern lights (even within the city limits).

The Thompson area was first inhabited by nomadic Paleo-Indian hunters around 6000 BC, sometime after the collapse of the Laurentide Ice Sheet. For a 10-year period beginning in 1946, Inco Limited explored northern Manitoba for nickel deposits; on February 4, 1956, a major ore body was discovered, and the modern history of Thompson began. Thompson, named after Inco's chairman at the time, Dr. John F. Thompson (1881 - 1968),[7] was founded following the December 3, 1956 agreement between the Government of Manitoba and Inco Limited. On March 25, 1961, Inco formally opened the first integrated nickel mining-smelting-refining plant in the Western Hemisphere (in Thompson) and the second largest nickel-producing operation in the world (after Inco's Sudbury operations). Thompson was incorporated as a town in 1967 on Canada's Centennial Anniversary; in 1970 Thompson gained city status in the royal presence of Queen Elizabeth II. The community was initially planned for a population of 8000,[6] but Thompson grew rapidly to 19,001 residents by the 1971 Census; the population has even been estimated as high as 26,000 residents prior to the recession in 1971.[9] Major layoffs at Inco Limited in 1971 and 1977 led to Thompson's population declining to 14,288 by the 1981 Census. Thompson's rapid boom and bust was attributed to changes in the nickel market; during the 1960s, following large increases in the demand for nickel, 6 additional mines (Birchtree, Soab North, Soab South, Pipe Number 1, Pipe Number 2, and Pipe Open Pit) were constructed near Thompson.[10] After the Soviet Union gained access to the world nickel market in 1970, world supply of nickel exceeded world demand;[8] in response, four nickel mines (Soab North, Soab South, Pipe Number 1, and Pipe Number 2) were closed in 1971 and 30% of Inco's workforce in Thompson was laid off.[11] In 1977, when nickel prices declined substantially, a fifth mine (Birchtree) was put on care and maintenance and an additional 650 Inco employees in Thompson were laid off.

The economy of Thompson is centered around nickel mining and providing goods and services to the surrounding communities in both Census Division No. 22 (in which Thompson is located) and Census Division No. 23; these two Census Divisions have a combined population of 51,136, which includes over 38,000 First Nations people.[17] Thompson is by far the largest community in either of these Census Divisions, with the next largest community being Norway House Cree Nation (population 4927). As is common in resource-based communities, Thompson has experienced above-average employment income and significant swings in mining-sector employment throughout its history. The median employment income in 2015 for full-year full-time workers in Thompson was $65,262; this was 22% higher than the Canadian median of $53,431. Thompson's unemployment rate in 2016 was 7.6%, slightly below the Canadian average of 7.7%.[17]As of the 2016 Census, Thompson had 7065 employed persons, with the five largest sectors of the economy being:[18]

Historical Forex News

U.S. Dollar Rallies As Traders Focus On Inflation Data: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The American currency tests multi-week highs as traders reduce bets on dovish Fed.FXEmpire2025-07-15

USD/CAD Price Forecast: Holds breath above 20-day EMA ahead of US-Canada CPI data

The USD/CAD pair trades broadly stable near 1.3700 during the late Asian trading session on Tuesday. The Loonie pair is expected to remain almost flat as investors await the release of the Consumer Price Index (CPI) data for June from both the United States (US) and Canada, which will be published at 12:30 GMT.FX Street2025-07-15

USD/CAD remains stalled below the 1.3700 area despite the risk-off market

The US Dollar features a moderately positive trend against its Canadian counterpart, with technical indicators on bullish ground and the risk-off mood supporting the safe-haven USD, but the pair remains unable to consolidate above the 1,3700 resistance area. Trump has proposed 35% tariffs on Canada, in addition to 30% tariffs on the European Union and Mexico, which would build on the 50% tariffs on Canadian steel and aluminum announced earlier in June.FX Street2025-07-14

USD/CAD flattens as markets weigh US fresh tariff threats

The USD/CAD pair is trading flat on Monday as traders digest US tariff threats against the EU and Mexico and look ahead to the release of inflation data on Tuesday.FX Street2025-07-14

Pound to Canadian Dollar Weekly Forecast: GBP/CAD Undermined by UK Fiscal Concerns

Looking ahead, the primary factor influencing the Pound Canadian Dollar exchange rate this week will likely be the release of Canada's and the UK's respective consumer price indices (CPI). On Tuesday, Canada's latest inflation reading for June is expected to be mixed, with core inflation expected to warm while headline inflation is.ExchangeRates2025-07-14

U.S. Dollar Gains Ground As Traders Prepare For Inflation Report: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The American currency starts the week on a strong note.FXEmpire2025-07-14

U.S. Dollar Tests New Highs Ahead Of The Weekend: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The American currency gains ground as traders focus on recent changes in Trump's tariff policy.FXEmpire2025-07-11

USD/CAD Price Forecast: Aims to stabilize above 1.3700 as Trump imposes 35% tariffs on Canada

The USD/CAD pair gives back some of its initial gains during the European trading session on Friday. Still, the Loonie pair trades firmly near the key level of 1.3700.FX Street2025-07-11

EUR/CAD drifts higher to near 1.6000 ahead of Canadian employment release

The EUR/CAD cross edges higher to near 1.5995 during the early European trading hours on Friday. The Canadian dollar weakens against the Euro (EUR) after US President Donald Trump announces new tariffs.FX Street2025-07-11

USD/CAD Price Forecast: Continues to struggles near 20-day EMA

The USD/CAD pair trades in a tight range near 1.3700 during Asian trading hours on Thursday. The Loonie pair struggles to gauge direction as investors seek fresh development on trade negotiations between the United States (US) and its key trading partners, such as the Eurozone, China, Canada, and Mexico.FX Street2025-07-10

U.S. Dollar Moves Higher As Initial Jobless Claims Fall: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The American currency tested weekly highs as traders focused on job market data.FXEmpire2025-07-10

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

The American currency is moving higher as traders focus on Fed policy outlook.FXEmpire2025-07-09

USD/CAD trades with positive bias below 1.3700; looks to FOMC minutes for fresh impetus

The USD/CAD pair regains positive traction during the Asian session on Wednesday and climbs to the 1.3700 neighborhood, closer to over a one-week high touched the previous day. Moreover, the fundamental backdrop suggests that the path of least resistance for spot prices is to the upside.FX Street2025-07-09

USD/CAD: Risks easing a little more from a technical point of view – Scotiabank

The Canadian Dollar (CAD) remains pinned back to near its recent lows against the US Dollar (USD) in the upper 1.36s, where the USD has camped out for most of the week so far, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret note.FX Street2025-07-09

USD/CAD falls to near 1.3650 due to renewed tariff threats from Trump

USD/CAD depreciates after registering over 0.50% gains in the previous session, trading around 1.3650 during the Asian hours on Tuesday. The pair faces challenges as the US Dollar (USD) struggles, driven by market caution.FX Street2025-07-08

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

U.S. Dollar Index tested new highs as traders reacted to recent changes in Trump's tariff policy.FXEmpire2025-07-08

USD/CAD corrects to near 1.3640 as Trump announces new tariff rates

The USD/CAD pair retraces to near 1.3640 during European trading hours on Tuesday. The Loonie pair corrects as the US Dollar (USD) gives up half of tariff-inspired gains made on Monday.FX Street2025-07-08

Pound Canadian Dollar Exchange Rate Forecast: UK GDP, Canada Jobs Next

Looking ahead to this week, the Pound Canadian Dollar exchange rate (GBP/CAD) will likely be driven by the release of some UK and Canadian data, scheduled for release at the end of the week. Attention for GBP traders will centre on the UK's monthly GDP figures for May.ExchangeRates2025-07-07

USD/CAD attracts some buyers to near 1.3650 as crude oil prices fall

The USD/CAD pair extends the rally to near 1.3650 during the early European trading hours on Monday, bolstered by a decline in Oil prices. Meanwhile, traders will closely monitor any trade-related headlines in the countdown to US President Donald Trump's tariff deadline.FX Street2025-07-07

GBP/CAD Forecast: Pound Price Muted vs Loonie Dollar amid Risk-Off Flows

As we move towards Tuesday's European session, the Pound Canadian Dollar exchange rate will likely be driven by the publication of Canada's latest Ivey PMIs. Although June's index is expected to report a rise, forecast to increase from 48.9 to 49.1, the data is still expected to remain below the threshold that marks expansion, (50).ExchangeRates2025-07-07

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

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