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Currency Exchange Markham

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47,000+ Customers

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Since 2012

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Monday - Friday: 9:30 am - 6:00 pm

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Today's Forex News

USD/CAD extends gains above 1.3800 with all eyes on the FOMC minutes

The US Dollar is showing a moderate advance on Wednesday, extending gains after Tuesday's rebound. Upbeat US Consumer Confidence data and easing fears about trade wars are supporting the Greenback, with the release of the Fed minutes on focus.FX Street2025-05-28

USD/CAD climbs to fresh weekly top, closer to mid-1.3800s ahead of FOMC minutes

The USD/CAD pair is seen prolonging this week's goodish recovery move from the 1.3685 area, or its lowest level since October 2024, for the third consecutive day on Wednesday. Spot prices currently trade near the weekly top, around the 1.3835-1.3840 region, up nearly 0.30% for the day amid some follow-through US Dollar (USD) buying.FX Street2025-05-28

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

U.S. Dollar Index is moving towards the psychologically important 100.00 level.FXEmpire2025-05-28

USD/CAD edges higher ahead of FOMC Minutes, with the interest rate outlook in focus

The Canadian Dollar (CAD) is trading modestly lower against the US Dollar (USD) on Wednesday, with investors awaiting the release of the Federal Open Market Committee (FOMC) Meeting Minutes at 18:00 GMT.FX Street2025-05-28

Additional News:

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Currency Exchange Near Me


Chart below shows a list of currency exchange me when you are at near major interactions of Toronto.




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Parking is $4 for 30 minutes. We are at L1 level

Parking Entrance at Doris & Greenfield

Foreign Exchange Reference


Currency Exchange

Currency exchange is changing one currency to another for the purpose of travel, purchase or investment. According to a study of Bank for International Settlements, daily average was more than $6 trillion trading volume. Currency Mart acts as a counter-party to an off-exchange or an over-the-counter forex transaction of cash, financial instruments, futures contracts, options on futures contracts. Currency exchange is a decentralized market and operates 24 hours per day around the globe. London, New York and Tokyo are the three major currency exchange markets and followed by cities of Hong Kong and Singapore. Decentralized market means each currency exchange broker offers its own buy in and sell out exchange rates. The rates are determined based on the demand, inventory and supply of the particular dealer and also the interbank rates at that moment. That is why exchange rates at the same moment are similar, but different broker to broker.

Currency Exchange Market of Canada

Annually, about $600 billion Canadian dollars exchanged to other currencies, over 50% is changed to US dollar and Euro dollar is the second most wanted currency. RBC is the major player in Canadian foreign exchange market. With the other four major banks, banks count 90% of market transaction volume. In addition to banks, large corporations who deal with petroleum or grains conduct massive amount of foreign exchange transactions. Licensed brokers who serve retail clients and small businesses fill up the rest of market gap.

Currency Exchange Market of Markham

Since the city of Markham lacks the headquarters of a nationwide company, the customers of currency exchange business are local residents, small businesses and tourists.

  • Local Residents
  • In Ontario, about 60% local residents are new immigrants of recent 20 years. Same figure applied to Markham too. In addition, Markham attracts more and more new immigrants every year due to the geological location and affordable housing. These new immigrant and international students bring a huge amount of capital which needs to be converted to Canadian currency.

  • Small Businesses
  • Logistics business and restaurants are 2 major customers of currency exchange business in Markham. These 2 businesses either have customers in the United States or import goods from the United States.

  • Tourists
  • Toronto Pearson Airport is located in Markham and the hotels surrounding the airport make Markham the perfect choice for tourists to stay.

Exchange Amount in Markham

The exchange amounts from a few hundreds by tourists up to 100k by small business.

Currencies Involved in Markham

  • USD
  • EUR
  • INR

Major Currency Exchange Businesses

  • International Foreign Exchange
  • Continental Foreign Exchange
  • Kantor Foreign Exchange

Currency Exchange Rate

Exchange rate is updated every 5 minutes, 24 hours a day, 7 days per week. Each exchange rate comes with 2 expressions, which express the same rate in 2 different ways. Each expression is 4 digits accuracy.

USD CAD

USD CAD exchange is the most important trading currency pair in Canada. The particular currency pair can count up to 50% of transaction volumn for a Canadian currency exchange broker. For some province, the precentage is even higher. Currency Mart as a currency exchange dealer, we always keep USD currency in stock for customers demand.

Currency Exchange Markham

A reputable currency exchange dealer is your best choice to exchange money, except those foreign exchange dealers in airports, hotel front desks and tourist hotspots.

Firstly these foreign exchange experts offer exchange rates better than banks. For a small amount exchange, not too much difference, but if the exchange amount is over thousand, the savings is more significant.

Secondly, these foreign exchange dealers keep foreign cash in stock, so customers can have foreign cash for travel right the way. On the other hand, banks and credit unions do not keep foreign cash in each branch, and take about 3 to 5 business days to bring foreign cash in.

Finally, most foreign exchange dealers take care of your leftover foreign cash by purchasing them back at the same rate as the dealers sold to you. This policy can save customers about 10% currency exchange loss.

Exchanging money at the bank is the option for a convenient and fair price.

Exchanging money at currency exchange is aiming for a better exchange rate. Please make sure you compare the exchange rate dealer by dealer before you conduct the exchange.

A currency exchange transaction can lose as little as 0.2% or as much as 4%, pending on the exchange amount.

For transaction amounts over $100,000, it is possible for customers to get an exchange rate as good as 0.2% spread. Oppositely, a $100 dollar exchange can cost customers about 4% of the exchange amount.

Historical Forex News

USD/CAD rises to near 1.3760 as US Dollar gains ground

The USD/CAD pair gains to near 1.3760 during European trading hours on Tuesday. The Loonie pair rises as the US Dollar (USD) gains ground due to de-escalating trade tensions between the European Union (EU) and the United States (US).FX Street2025-05-27

USD/CAD bounces up from seven-month lows and approaches a previous support at 1.3760

The US Dollar is showing marginal gains ahead of Tuesday's European session opening. The USD/CAD is returning from the seven-month low hit on Monday, and nearing a previous support area in the 1.3750-1.3765 range, where bulls are likely to be challenged.FX Street2025-05-27

EUR/CAD hesitates above 1.5600 with higher Oil prices supporting the loonie

The Euro is trading without a clear direction, as the enthusiasm of the delay on Trump's 50% tariffs wears out, while the moderate rebound on Oil prices is providing some support to the loonie. The pair has been losing momentum after hitting one-month highs, right above 1.5750 last week, yet with downside attempts contained above 1.5880 so far.FX Street2025-05-27

Pound to Canadian Dollar Forecast: CAD Advance Likely Next Few Weeks

Looking ahead to this week, the Pound Canadian Dollar exchange rate (GBP/CAD) will likely trade without a clear direction for the majority of the week, amid a data-light UK and Canadian economic calendar. The only data release of note for the Canadian Dollar is the country's latest GDP reading, scheduled for release on Friday.ExchangeRates2025-05-27

USD/CAD: Minor USD rebounds are liable to attract renewed selling interest – Scotiabank

The Canadian Dollar (CAD) has slipped back amid the broader rebound in the USD vs US Dollar (USD). USD gains have taken funds back to the mid/upper 1.37s and largely reflect the rebound in the USD rather than any CAD-negative development, Scotiabank's Chief FX Strategist Shaun Osborne notes.FX Street2025-05-27

USD/CAD falls to near 1.3700 as traders expect BoC to hold rates in June

USD/CAD continues its losing streak that began on May 19, trading around 1.3710 during the early European hours on Monday. The Canadian Dollar (CAD) appreciates against the US Dollar (USD) as domestic retail sales rose for a second straight month in April, indicating strength in consumer sentiment despite an aggressive trade war between the United States (US) and Canada.FX Street2025-05-26

GBP/USD Rallies While USD/CAD Declines Steadily

On the hourly chart of GBP/USD at FXOpen, the pair formed a base above the 1.3350 level. The British Pound started a steady increase above the 1.3450 resistance zone against the US Dollar, as discussed in the previous analysis.Action Forex2025-05-26

USD/CAD holds steady above 1.3700 as trade tension eases amid holiday-thinned trading

The Canadian Dollar (CAD) gives back some of the initial gains against the US Dollar (USD) at the early American session on Monday, with the USD/CAD pair trading around 1.3720 at the time of writing after hiting a daily low of 1.3686 earlier in the day as follow-through selling faded on the signs of easing trade tensions between the United States (US) and the European Union (EU).FX Street2025-05-26

EUR/CAD steadies as EU tariff delays and robust Canadian data drive mixed momentum

The Euro (EUR) is firming against the Canadian Dollar (CAD) on Monday, bolstered by easing trade tensions after the United States announced a delay in implementing new tariffs on European imports.FX Street2025-05-26

Canadian Dollar Forecast: USD/CAD Extends Bearish Bias as BoC Decision Approaches

Over the past five trading sessions, USD/CAD has depreciated by nearly 1.5% in favor of the Canadian dollar, mainly due to growing market expectations surrounding the upcoming Bank of Canada (BoC) rate decision, along with the recent weakness of the U.S. dollar.Forexcom2025-05-26

USD/CAD slides to 1.3825 area, back closer to two-week low on weaker USD

The USD/CAD pair attracts fresh sellers following the previous day's brief pause and slides to the 1.3825 area during the Asian session on Friday. Spot prices remain close to a two-week low touched on Wednesday and seem vulnerable to weaken further amid a broadly weaker US Dollar (USD).FX Street2025-05-23

USD/CAD Rate Drops Towards Yearly Lows

The USD/CAD chart is currently showing clear signs of a bearish trend, characterised by a sequence of lower highs and lower lows (A→B→C→D→E→F→G).Action Forex2025-05-23

USD/CAD tumbles to two-week low after five-day sell-off

USD/CAD tumbles to two-week low after five-day sell-offFX Street2025-05-23

Dollar Index pressured, now testing key 99.00 level: Analysis for EUR/USD, GBP/USD, USD/CAD, USD/JPY

The US Dollar faces pressure as DXY tests 99.00, while EUR, GBP, CAD, and JPY respond to tariffs, inflation data, and rate bets in a volatile FX week.FXEmpire2025-05-23

USD/CAD trades with negative bias around mid-1.3800s, just above two-week low

The USD/CAD pair struggles to capitalize on the overnight bounce from the 1.3815-1.3810 region, or a two-week low, and trades with a negative bias for the fourth consecutive day on Thursday. Spot prices trade around mid-1.3800s during the Asian session and seem vulnerable to extend the weekly downtrend.FX Street2025-05-22

GBP/CAD Forecast: Pound Muted vs Loonie Dollar Despite Soaring UK CPI

As we move towards Thursday, the Pound Canadian Dollar exchange rate will likely be driven by the publication of the UK's latest S&P Global PMIs for May. Both the manufacturing and servicers indices are forecast to tick up this month, with the UK's all-important services sector expected to climb back to expansion territory (a reading.ExchangeRates2025-05-22

USD/CAD holds ground, weak Canadian data caps losses

USD/CAD holds ground, weak Canadian data caps lossesFX Street2025-05-22

U.S. Dollar Rebounds Modestly on Legislative Progress: Analysis for EUR/USD, GBP/USD, USD/CAD, USD/JPY

The U.S. dollar recovers modestly after tax bill progress, but DXY remains under pressure as fiscal concerns and bond market weakness dominate the outlook.FXEmpire2025-05-22

USD/CAD weakens further below 1.3900 amid bearish USD, rising Oil prices

The USD/CAD pair extends the previous day's breakdown momentum below a one-week-old trading range and attracts sellers for the third successive day on Wednesday. This also marks the fourth day of a negative move in the previous four and drags spot prices below the 1.3900 mark, or a nearly two-week low during the Asian session.FX Street2025-05-21

Canadian Dollar Forecast: USD/CAD Rejected at Key Resistance

USD/CAD is threatening to snap a two-week winning streak with price reversing sharply off technical resistance. Battle lines drawn on the Canadian Dollar weekly chart.Forexcom2025-05-21

CAD gets a mild tailwind from narrower spreads after CPI to press gains on USD – Scotiabank

Yesterday's hotter than expected April CPI data served to dampen expectations of a June BoC rate cut, putting some moderate, downward pressure on US/Canada interest rate spreads, Scotiabank's Chief FX Strategist Shaun Osborne notes.FX Street2025-05-21

DXY Slips Below 100 as Political Gridlock and Risk Aversion Weigh: Analysis for EUR/USD, GBP/USD, USD/CAD, USD/JPY

DXY falls below 100 as Trump's tax bill fuels fiscal concerns. EUR, GBP, JPY, and CAD gain on weaker USD outlook and rising global yield appeal.FXEmpire2025-05-21

USD/CAD flat lines around mid-1.3900s; looks to Canadian inflation data for fresh impetus

The USD/CAD pair extends its sideways consolidative price move heading into the European session on Tuesday and currently trades around mid-1.3900s, nearly unchanged for the day. Moreover, the mixed fundamental backdrop warrants some caution before placing aggressive directional bets.FX Street2025-05-20

Dollar Slips on Moody's Downgrade, Fed Caution, and Japan Talks:: Analysis for EUR/USD, GBP/USD, USD/CAD, USD/JPY

DXY drops to 100.23 as Moody's U.S. downgrade and dovish Fed remarks weigh on investor sentiment and market confidenceFXEmpire2025-05-20

USD/CAD holds steady despite Canada's mixed CPI print

USD/CAD is trading in a tight range in the early hours of the US session as markets react to Canada's latest Consumer Price Index (CPI) data and shift focus to Wednesday's US House of Representatives vote on President Donald Trump's proposed tax bill.FX Street2025-05-20

USD Price Action Setups: GBP/USD, USD/JPY, USD/CAD, Gold

The USD has continued to soften from the 102 resistance that came into play last week, but from the daily chart bulls still have a chance as they've put up a fight to support prior resistance.Forexcom2025-05-20

Canadian Dollar Forecast: USD/CAD Falls amid Sticky Canada Inflation

USD/CAD attempts to extend the decline from the start of the week as Canada's CPI prints at 1.7% in April versus forecasts for a 1.6% reading.Forexcom2025-05-20

USD/CAD Price Forecast: Test initial support near 1.3950, followed by nine-day EMA

The USD/CAD pair is losing ground after registering gains in the previous session, trading around 1.3950 during the European hours on Monday. The daily chart's technical analysis suggested a sustained bullish sentiment, as the pair continues to trade within the ascending channel pattern.FX Street2025-05-19

Canadian Dollar Forecast: USD/CAD Fight at 1.4000

USD/CAD retains bearish structure even as the USD rally advanced again last week. The big question now is whether sellers can hold it below the 1.4000 big figure.Forexcom2025-05-19

Pound to Canadian Dollar Forecast for Week Ahead: 1.8404 by June 2025

Looking ahead to this week, the Pound Canadian Dollar exchange rate (GBP/CAD) will likely experience further headwinds amid a data-heavy calendar for both countries. Looking at the Canadian Dollar, Canada will release its latest inflation reading on Tuesday and retail sales index on Friday.ExchangeRates2025-05-19

USD/CAD Price Forecast: Extends the range play below 200-day SMA, 1.4000 mark

The USD/CAD pair attracts some sellers for the second straight day on Friday, though it remains confined in a range held since the beginning of this week. Spot prices currently trade just below mid-1.3900s, down over 0.10% for the day amid a combination of negative factors.FX Street2025-05-16

U.S. Dollar Gains Ground As Trump Comments On Tariffs: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

Rising inflation expectations provided additional support to the American currency.FXEmpire2025-05-16

USD/CAD extends consolidation ahead of US Consumer Sentiment data

USD/CAD extends consolidation ahead of US Consumer Sentiment dataFX Street2025-05-16

GBP/USD, USD/CAD Outlook: Another Leg Higher for Currencies Against the USD?

GBPUSD, USDCAD Outlook: This week, the U.S. dollar lost bullish momentum, pushing both USDCAD and GBPUSD toward their respective 2025 extremes. With GBPUSD holding above 1.33 and USDCAD approaching 1.38, upcoming key events will be closely watched to reassess the market narrative.Forexcom2025-05-16

USD/CAD Price Forecast: Remains below 1.4000 confluence hurdle ahead of US PPI, Fed's Powell

The USD/CAD pair struggles to capitalize on the previous day's goodish rebound from the 1.3900 mark and attracts fresh sellers during the Asian session on Thursday. Spot prices, however, lack bearish conviction and currently trade around the 1.3865 area, down less than 0.10% for the day.FX Street2025-05-15

USD/CAD rebounds toward 1.4000 as crude Oil weakness weighs on Canadian Dollar

USD/CAD stabilized around 1.3980 during Thursday's European trading hours, recovering earlier losses as the Canadian Dollar (CAD) came under pressure due to declining crude Oil prices . Given Canada's status as the largest Oil exporter to the United States (US), falling Oil prices often dampen CAD sentiment.FX Street2025-05-15

GBP/CAD FX Outlook: Pound Firms vs Loonie Dollar amid Declining Oil Prices

As we move towards Thursday, the Pound Canadian Dollar exchange rate will likely be driven by the release of some high impact economic data from the UK. The UK will release its preliminary GDP reading for the first quarter of the year, which is forecast to show a rise from 0.1% to 0.6% quarter to quarter.ExchangeRates2025-05-15

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

The American currency moved lower as traders reacted to economic reports.FXEmpire2025-05-15

USD/CAD edges up to near 1.4000 even as US Dollar underperforms

The USD/CAD pair ticks up to near the psychological level of 1.4000 during North American trading hours on Thursday. The Loonie pair trades higher despite the US Dollar (USD) trading lower following the release of the United States (US) Producer Price Index (PPI) data for April.FX Street2025-05-15

Scotiabank Forecast: USD/CAD Bearish Trend Intact, Support at 1.3720

The Canadian dollar remains on the back foot following Tuesday's multi-month high, with attention now turning to Friday's jobs data and the Bank of Canada's Financial Stability Report. Political optics offered little relief for the loonie.ExchangeRates2025-05-14

USD/CAD stays below 1.3950 due to potential widening of US-Canada yield spread

USD/CAD remains subdued for the second consecutive session, hovering near 1.3930 during early European trading on Wednesday. The US Dollar (USD) lost ground after April's Consumer Price Index (CPI) figures came in below forecasts, prompting a shift in market sentiment.FX Street2025-05-14

USD/CAD eyes breakout as price tests 50-day EMA, momentum builds above 1.3950

USD/CAD is holding steady near 1.3975 in the American session on Wednesday, with bulls attempting to reclaim control after a strong bounce from the 1.3900 zone earlier in the day. Price action on the daily chart remains constructive, with the pair now challenging the 50-day Exponential Moving Average (EMA) at 1.4030, a key dynamic resistance zone.FX Street2025-05-14

U.S. Dollar Is Losing Ground Despite Rising Treasury Yields: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

U.S. dollar moved lower as traders remained focused on the recent inflation data.FXEmpire2025-05-14

USD/CAD steady below 1.3950 as soft US inflation weighs on the US Dollar

USD/CAD steady below 1.3950 as soft US inflation weighs on the US DollarFX Street2025-05-14

USD/CAD: Case for 1.40+ is stronger now – ING

USD/CAD observed volatility has eased back significantly, as the loonie seems to be trading again as an extension of US-growth sentiment – and is therefore more correlated with USD, ING's FX analysts Francesco Pesole and Chris Turner note.FX Street2025-05-14

USDCAD bounces off support target and trying to extend above and toward MA targets

The USDCAD moved lower in early trading today but found support near a familiar swing area between 1.38917 and 1.3904. Buyers leaned against that zone, which has acted as a floor in recent sessions, and the price responded with a bounce higher.Forex Live2025-05-14

Canadian Dollar Forecast: USD/CAD Bears Re-Load at 1.4000 Resistance

The USD has ripped since the lows on Easter Monday but USD/CAD retains appeal for U.S. Dollar bears, and the 1.4000 resistance level is now back in-play.Forexcom2025-05-14

USD/CAD steadies above 1.3950 due to trade optimism, expects a rise in US inflation

USD/CAD is aiming for its fifth straight daily gain, hovering near 1.3970 during Tuesday's European session. However, the pair faced some resistance as the US Dollar (USD) softened ahead of the highly anticipated US Consumer Price Index (CPI) report for April, due later in the North American session.FX Street2025-05-13

U.S. Dollar Pulls Back As Inflation Rate Falls To 2.3%: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The American currency is under pressure as Inflation Rate missed analyst estimates.FXEmpire2025-05-13

USD/CAD holds steady as Fed path and BoC divergence loom

USD/CAD is poised at a critical juncture following the release of April's US Consumer Price Index (CPI), which delivered a mild downside surprise across key inflation components. With several high-profile Federal Reserve (Fed) speeches still ahead this week, the pair's near-term trajectory may be shaped by evolving rate expectations and diverging policy signals between the Fed and the Bank of Canada (BoC).FX Street2025-05-13

EUR/CAD Price Analysis: Euro steadies near 1.5600 as bullish signals hold firm

The EUR/CAD pair advanced on Tuesday, trading near the 1.5600 zone after the European session, reflecting a strong bullish tone as the market heads into the Asian session. The pair remains positioned within the middle of its recent range, suggesting that buyers maintain control despite mixed short-term signals.FX Street2025-05-13