Exchanging USD/CAD at Home 24/7
Fund available As Soon As 24 Hours

USD CAD exchange only!

USD & CAD accounts required

Call for details 1-888-666-5977

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120 Adelaide St. W. #R7

Mon. - Wed. 8:30am - 6:30pm

Thu. - Fri. 8:30am - 7pm

Sat. 10am - 4pm

Sun. Close

Foreign Currency Cash Available

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Currency Exchange Mississauga

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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.




Payments Accepted


Cash
Debit Card
E-transfer
Wire Transfer
Bill Payment (RBC,BMO & Credit Unions Only)

How We Pay Customers

Cash
E-transfer (CAD only)
CAD or USD cheque
CAD or USD wire transfer ($35/wire)
CAD or USD direct deposit (arrive next business day)

Parking Instruction

Parking is $3.50 for 30 minutes. Walk into a steel door beside pay station at P1 level, labeled as PATH. Walk straight through the Sheraton Hotel and keep walking straight to Richmond-Adelaide Centre. We are on the other side of the food court, beside a handicap ramp.

Parking Entrance at 100 Queen St. W.

PATH Entrance inside Parking P1 Level

Walk Straight Through Shearton Hotel

Richmond-Adelaide Centre in PATH

Access Currency Mart

About 2 minutes walk. Walking into the building of 110 Adelaide St. W., take the escalator from the lobby down to Toronto PATH. Turn right at Rexalll drug store and walk stright to foot court. We are inside the food court, beside a handicap ramp.

About 1 minutes walk. Walking into the building of 120 Adelaide St. W., take the escalator behind the security desk down to Toronto PATH, we are 6 shops away on your right hand side, beside a handicap ramp.

About 1 minutes walk. Walking into the building of 130 Adelaide St. W., take the escalator from the lobby down to Toronto PATH. Turn left at Rexall drug store and walk stright to foot court. We are inside the food court, beside a handicap ramp.

About 1 minutes walk. Walking into the building of 85 Richmond St. W., take the escalator down to Toronto PATH, we are on the other side of the food court beside a handicap ramp.

About 1 minutes walk. Walking into the building of 111 Richmond St. W., take the escalator on your left hand side down to Toronto PATH, we are 6 shops away on your right hand side.

About 8 minutes walk. Walk out queen station from south bound platform, turn left walk into the Bay. Turn right in the Bay, and keep walking straight to Thompson building, keep walking straight to Shearton Centre, and turn left. We are 6 shops away on your right hand side.

About 4 minutes walk.

About 8 minutes walk.

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 Toronto

The demand of currency exchange in Toronto is mainly from manufacturing activities, because most manufacturing business sell their products to United States and get paid by us dollars. In addition, purchasing property, vehicle, pay tutition and travel expense are supplements of the currency exchange market in Toronto. In fact, the amount of exchanging USD to CAD is much more than exchanging CAD to USD.

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 urrency exchangec 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.

How to Choose a Reputable Foreign Exchange Dealer

Exchange money from a reputable foreign exchange dealer is a way to same money, but the drawback is customers need to find out which foreign exchange dealer is a money saver. This is a little bit easy for people in their own city, but when people in their travel destination city, the answer is not that obvious. Here is a few tips how to find a reputable foreign exchange dealer.

Avoid foreign exchange kiosk at airports, hotels and tourist hotspots

Those foreign exchange kiosks in airports, hotels, and tourist hotspots target tourist as customers and offer convenient but expensive foreign exchange solution. For exchange amount over $500, avoid those kiosks is a better option.

Check google generic search result for foreign exchanger dealers

Google search is really accruate. The No. 1 foreign exchange dealer in the search result is usually the best in that area. Please watch for "ad" symbol, becasue the result with "ad" symbol is a paid search result, not from generic ranking.

Read Google review of the foreign exchagne dealer

Google review is a really useful information tool to let you know the dealer before deal with them. Please read through reviews, especially the negative reviews. Some reviews are faked by business owners but are so easy to identified. The scenario of generic review is so rare, so you can tell this was real happened when you read it.

Call dealer before you go.

Talk to the dealer which you would like to deal with. Get the answers about exchange rate, payment accepted, denominations available.

Service Area

Currency Exchange Yonge and Adelaide

Currency Exchange Toronto Downtown Currency Mart is about 2 blocks west of Yonge and Adelaide, right at the interaction of York and Adelaide.

Located at the center of Toronto financial core, Currency Exchange Toronto Downtown Currency Mart services people who works in office building north of the Union Station, west of Yonge St., east of University Ave. and south of Dundas St.

In addition to working population, our downtown location also the first choice for residents of waterfront community, west of University Ave.

Currency Exchange Businesses near Yonge and Adelaide

  • Ebix Cash
  • Wall Street Finance
  • Currency Mart

Yonge and Adelaide Currency Exchange Customers

Most customers from this area are working populations in the fields of finaace, law, accounting.

Yonge and Adelaide Currency Exchange Amount

From a few hundreds to a few thousands.

Yonge and Adelaide Currency Exchange Popular Currencies

  • United States Dollar
  • Euro Dollar
  • Pound Sterling
  • Japanese Yen

Currency Exchange Eaton Centre

Currency Exchange Toronto Downtown Currency Mart is about 2 blocks west, 1 block south of Eaton Shopping Centre, right at the interaction of York and Adelaide.

Located at the center of Toronto financial core, Currency Exchange Toronto Downtown Currency Mart services people who visit Toronto downtown.

Currency Exchange Businesses in Eaton Centre

  • Calforex

Eaton Centre Currency Exchange Customers

Tourists

Yonge and Adelaide Currency Exchange Amount

Up to a few hundreds.

Eaton Centre Currency Exchange Popular Currencies

  • United States Dollar
  • Euro Dollar
  • Pound Sterling
  • Japanese Yen

Currency Exchange Yonge and Dundas

Currency Exchange Toronto Downtown Currency Mart is about 2 blocks south of Yonge and Dundas, 2 blocks west of Yonge and Adelaide.

Located in Richmond-Adelaide Centre, Currency Exchange Toronto Downtown Currency Mart services tourist who shop near Eaton Shopping Centre area.

In addition to tourists, our downtown location also the first choice for residents of Yonge St.

Currency Exchange Businesses near Yonge and Dundas

  • Interchange Financial

Yonge and Dundas Currency Exchange Customers

Most customers from this area are tourists and mixed with some working people, local residents and international students

Yonge and Dundas Currency Exchange Amount

A few hundreds

Yonge and Dundas Currency Exchange Popular Currencies

  • United States Dollar
  • Euro Dollar
  • Pound Sterling
  • Japanese Yen

Currency Exchange Yonge and College

Currency Exchange Toronto Downtown Currency Mart is about 3 blocks south of Yonge and College, 2 blocks west of Yonge and Adelaide.

International students are our major customers. We are on their way between school and home.

Currency Exchange Businesses near Yonge and College

  • College Currency Exchange

Yonge and College Currency Exchange Customers

Most customers from this area are international students

Yonge and College Currency Exchange Amount

A few thousands.

Yonge and College Currency Exchange Popular Currencies

  • United States Dollar
  • Euro Dollar
  • Pound Sterling
  • Japanese Yen

Currency Exchange Yonge and Bloor

Currency Exchange Toronto Downtown Currency Mart is about 4 blocks south of Yonge and College, 2 blocks west of Yonge and Adelaide.

Currency Exchange Businesses near Yonge and Bloor

  • York Currency Exchange

Yonge and Bloor Currency Exchange Customers

Most customers from this area are local residents

Yonge and Bloor Currency Exchange Amount

Thousands to 100K

Yonge and Bloor Currency Exchange Popular Currencies

  • United States Dollar
  • Euro Dollar
  • Pound Sterling
  • Japanese Yen

Currency Exchange Yonge and St. Claire

Currency Exchange Toronto Downtown Currency Mart is about 5 blocks south of Yonge and College, 2 blocks west of Yonge and Adelaide.

Currency Exchange Businesses near Yonge and Dundas

There is no currency exchange business establishment in this area. The best option is toronto downtown and the closest option is Yonge and Bloor

Yonge and St. Claire Currency Exchange Customers

Most customers from this area are local residents.

Yonge and St. Claire Currency Exchange Amount

Thousands to 100K

Yonge and St. Claire Currency Exchange Popular Currencies

  • United States Dollar
  • Euro Dollar
  • Pound Sterling
  • Japanese Yen

The Comprehensive Guide to Currency Exchange in Mississauga

Currency exchange is an essential service for businesses, travellers, and anyone dealing with international transactions. If you're located in Mississauga, you're in luck! With a plethora of trustworthy and competitive currency exchange services, Mississauga is a hub for financial transactions in the Greater Toronto Area. This article is your comprehensive guide to navigating the currency exchange landscape in Mississauga.

Before delving into the specifics of Mississauga's currency exchange services, it's worth understanding the importance of currency exchange. It's not just about trading one currency for another; it's about the rate at which you do it. The exchange rate can significantly impact how much value you receive, especially for larger transactions. That's why finding a reliable currency exchange provider with competitive rates in Mississauga is crucial.

Mississauga, being one of Canada's largest cities, is home to numerous financial institutions and independent currency exchange providers. Whether you're looking for large banks like Royal Bank of Canada (RBC) and Toronto-Dominion Bank (TD), or independent providers like Continental Currency Exchange or Calforex, Mississauga has you covered.

Banks in Mississauga offer the convenience of having multiple services under one roof. If you're already a customer, you can easily access their currency exchange services. However, it's important to note that banks may not offer the best rates compared to independent providers. Banks typically add a margin to the interbank exchange rate, which can result in less favourable rates.

Independent providers, on the other hand, are known for their competitive rates. They specialize in currency exchange, providing more variety of currencies and often better rates than banks.

In the age of digital technology, you can also opt for online currency exchange services. These platforms often provide competitive rates and the convenience of exchanging currency from the comfort of your home.

To get the most value from your currency exchange in Mississauga, it's important to compare rates. While some might offer a low service fee, their rates might not be the most competitive. Conversely, some may offer excellent rates but have high service charges. Consider both factors when choosing your provider.

Currency exchange in Mississauga is a diverse and competitive landscape. Whether you prefer traditional banks, independent providers, or online platforms, there's a solution that fits your needs. Remember to compare rates and service charges to ensure you're getting the most value for your money. With the right provider, currency exchange in Mississauga can be a smooth and beneficial process.

Currency Exchange Mississauga

Currency exchange is an essential service for anyone travelling to foreign countries or sending money overseas. It is also an important service for businesses engaged in international trade. Mississauga is a diverse city with a large population of immigrants and international students, making currency exchange a crucial service in the area. In this article, we'll provide you with a comprehensive guide to currency exchange in Mississauga, including where to find the best rates, what to look for in a currency exchange provider, and tips for exchanging currency safely.

Why Choose a Currency Exchange Provider in Mississauga? Mississauga is home to many currency exchange providers, including banks, exchange offices, and online platforms. Here are some reasons why you should choose a currency exchange provider in Mississauga:

  • Competitive exchange rates: With so many providers in the area, you're likely to find a competitive exchange rate that suits your needs.
  • Convenience: Many currency exchange providers in Mississauga are located in central areas, making them easily accessible to residents and visitors.
  • Expertise: A reputable currency exchange provider in Mississauga will have experienced staff who can offer advice and assistance with your currency exchange needs.

Where to Find the Best Rates for Currency Exchange in Mississauga When it comes to finding the best rates for currency exchange in Mississauga, there are several options available:

  • Banks: Most banks offer currency exchange services, but their rates may not be as competitive as other providers.
  • Exchange offices: There are many exchange offices located throughout Mississauga, and they often offer more competitive rates than banks. It's important to do your research and compare rates before choosing an exchange office.
  • Online platforms: There are several online platforms that offer currency exchange services, including TransferWise, XE, and OFX. These platforms often offer competitive rates and can be a convenient option for those who prefer to exchange currency online.

What to Look for in a Currency Exchange Provider in Mississauga When choosing a currency exchange provider in Mississauga, there are several factors to consider:

  • Exchange rates: Look for a provider that offers competitive rates. It's important to compare rates between providers to ensure you're getting the best deal.
  • Fees: Some providers may charge additional fees for their services, such as transaction fees or commission fees. Be sure to ask about any fees before exchanging currency.
  • Reputation: Choose a reputable currency exchange provider with a history of good customer service and a track record of providing reliable exchange services.
  • Convenience: Look for a provider that is conveniently located and has flexible hours of operation.

Tips for Exchanging Currency Safely in Mississauga

Exchanging currency can be risky, especially if you're dealing with a provider that you're not familiar with. Here are some tips for exchanging currency safely in Mississauga:

  • Do your research: Before choosing a currency exchange provider, do your research and read reviews from other customers. This can help you avoid fraudulent providers.
  • Don't exchange currency on the street: It's not uncommon to see people exchanging currency on the street in Mississauga, but this can be risky. Stick to reputable providers with a physical location.
  • Be aware of scams: Some fraudulent providers may offer rates that are too good to be true or ask for personal information such as your passport or social insurance number. Be wary of any provider that asks for this information.
  • Check the exchange rate: Before exchanging currency, check the current exchange.
  • Continental Currency Exchange: Continental Currency Exchange has been providing foreign exchange services in Canada since 1985. They offer over 160 currencies, including exotic currencies, and have 19 branches across Canada. They claim to offer competitive exchange rates and charge no commission or fees. They also offer online services for those who prefer to exchange currency remotely.
  • Calforex Currency Exchange: Calforex Currency Exchange is a Canadian-owned and operated company that has been providing currency exchange services since 1983. They have four locations in Mississauga and offer over 100 currencies. They claim to offer competitive exchange rates and charge no commission or fees.
  • Global Currency Services: Global Currency Services has been providing foreign exchange services since 2007 and has three locations in Mississauga. They offer over 80 currencies and claim to offer competitive exchange rates. They charge a commission fee of $2.99 per transaction, but offer a loyalty program for frequent customers.
  • Ultimate Currency Exchange: Ultimate Currency Exchange has been operating in Canada since 2006 and has 11 locations across Ontario, including two locations in Mississauga. They offer over 90 currencies and claim to offer competitive exchange rates with no commission or fees. They also offer online currency exchange services.
  • Bank of Montreal: The Bank of Montreal (BMO) is one of Canada's largest banks and offers currency exchange services to its customers. They offer over 50 currencies and claim to offer competitive exchange rates. However, their exchange rates may not be as competitive as other providers, and they may charge additional fees for their services.

Overall, all of these currency exchange dealers offer competitive exchange rates and convenient locations in Mississauga. The main differences between them are the number of currencies they offer, whether they charge commission or fees, and whether they offer online currency exchange services. It's important to compare rates and fees between providers to ensure you're getting the best deal. Additionally, consider factors such as convenience, reputation, and customer service when choosing a currency exchange dealer in Mississauga.

Negotiating a good exchange rate with foreign exchange dealers can save you money when exchanging currencies. Here are some tips on how to negotiate a good exchange rate:

  • Do your research: Before approaching a foreign exchange dealer, research the current exchange rates for the currencies you want to exchange. This will give you an idea of what to expect and help you determine whether the dealer is offering a fair rate.
  • Shop around: Don't settle for the first foreign exchange dealer you find. Shop around and compare rates from multiple dealers to find the best deal.
  • Negotiate: Once you've found a foreign exchange dealer you're interested in working with, try negotiating for a better rate. Start by asking if they can offer a better rate than the one they've quoted you. Be polite but firm in your negotiations, and be prepared to walk away if the dealer isn't willing to negotiate.
  • Consider the amount you're exchanging: Some foreign exchange dealers may be willing to offer a better rate if you're exchanging a large amount of currency. If you have a significant amount of currency to exchange, it may be worth mentioning this to the dealer and asking if they can offer a better rate.
  • Be aware of additional fees: Some foreign exchange dealers may offer a seemingly good exchange rate, but then add additional fees or charges that can significantly increase the cost of the transaction. Be sure to ask about any additional fees or charges and factor these into your negotiations.
  • Build a relationship: If you plan to exchange currencies regularly, consider building a relationship with a foreign exchange dealer. Over time, they may be more willing to offer you better rates as a loyal customer.

In conclusion, negotiating a good exchange rate with foreign exchange dealers requires research, shopping around, negotiation skills, consideration of the amount being exchanged, awareness of additional fees, and potentially building a long-term relationship with the dealer. By following these tips, you can save money when exchanging currencies.

Mississauga is a vibrant and diverse city located in the province of Ontario, Canada. It is the sixth-largest city in Canada, with a population of over 700,000 people. The city is situated on the shores of Lake Ontario and is a hub for business, culture, and entertainment. In this article, we will explore the history, culture, and attractions that make Mississauga a unique and exciting place to visit and live.

History

Mississauga has a rich and fascinating history that dates back to the indigenous peoples who lived in the area for thousands of years before the arrival of European settlers. The Mississaugas of the Credit First Nation are the indigenous people who traditionally inhabited the region.

In the early 1800s, the British government began to encourage settlement in the area, and European settlers arrived to farm the land and establish communities. The first European settlement in the area was known as Port Credit, which was founded in 1805.

In 1968, the city of Mississauga was officially incorporated, and it has grown rapidly since then. Today, Mississauga is a bustling city with a diverse population that reflects its rich history and culture.

Culture

Mississauga is known for its vibrant and diverse culture. The city is home to a wide range of ethnic communities, including Chinese, South Asian, and Middle Eastern communities, among others. This diversity is celebrated through events such as the Mississauga Waterfront Festival, which features food, music, and cultural performances from around the world.

Mississauga is also home to a thriving arts and culture scene. The Living Arts Centre is a cultural hub that features performances by local and international artists, as well as visual art exhibitions and workshops. The Art Gallery of Mississauga is another popular cultural destination that showcases contemporary Canadian art.

Attractions

Mississauga is home to a range of attractions that draw visitors from across the region. Here are just a few of the top attractions in the city:

  • Square One Shopping Centre: Square One is the largest shopping centre in Ontario and features over 360 stores, restaurants, and services. It is a popular destination for shoppers from across the region.
  • Celebration Square: Celebration Square is a public square located in the heart of Mississauga. It features a large stage, a fountain, and a skating rink, and is a popular venue for outdoor concerts and festivals.
  • Port Credit: Port Credit is a historic village located on the shores of Lake Ontario. It is known for its charming shops, restaurants, and cafes, as well as its scenic waterfront.
  • Mississauga Civic Centre: The Mississauga Civic Centre is home to the city's municipal government and is a modernist building that features a distinctive clock tower. It is a popular destination for architecture enthusiasts.
  • Hershey Centre: The Hershey Centre is a multi-purpose sports and entertainment venue that hosts a range of events, including hockey games, concerts, and trade shows.
  • Kariya Park: Kariya Park is a Japanese-style garden located in the heart of Mississauga. It features a pond, a waterfall, and a range of plants and trees that reflect Japanese design and culture.
  • University of Toronto Mississauga: The University of Toronto Mississauga is a vibrant campus that offers a range of programs and services to students. It is home to over 14,000 students and is known for its innovative research and teaching.

Mississauga is a dynamic and diverse city that offers something for everyone. Whether you're interested in shopping, culture, or outdoor activities, there are plenty of attractions and events to enjoy in Mississauga. The city's rich history and cultural diversity are reflected in its arts and culture scene, and its vibrant

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U.S. dollar is moving lower as traders bet on dovish Fed after the release of weak consumer sentiment data.FXEmpire2025-03-14

USD/CAD: BOC cuts the policy 25bps to 2.75% – BBH

The Bank of Canada (BOC) delivered on expectations yesterday and cut the policy 25bps to 2.75%. The BOC warned that the pervasive uncertainty created by continuously changing US tariff threats is restraining consumers' spending intentions and businesses' plans to hire and invest, BBH FX analysts report.FX Street2025-03-13

USD/CAD trades cautiously near 1.4360 despite US Dollar gets temporary relief

The USD/CAD pair trades with caution around 1.4360 in Thursday's European session. The Loonie pair faces mild pressure even though the US Dollar has gotten temporary relief after refreshing the four-month low, indicating some strength in the Canadian Dollar (CAD).FX Street2025-03-13

USD/CAD Price Forecast: Advances to 1.4400 neighborhood; lacks bullish conviction

The USD/CAD pair attracts some dip-buyers in the vicinity of mid-1.4300s during the Asian session on Thursday and reverses a part of the previous day's losses. Spot prices climb to the 1.4400 neighborhood in the last hour, though a combination of factors might keep a lid on any meaningful upside.FX Street2025-03-13

USD/CAD to trend down towards the 1.41 level in the short-term – Danske Bank

As widely expected, BoC delivered a 25bp rate cut, bringing its policy rate to 2.75%, Danske Bank's FX analysts Kristoffer Kjær Lomholt and Filip Andersson report. FX Street2025-03-13

USD/CAD Update: The Canadian Dollar Weakens After the BOC Decision

The USD/CAD maintains a slightly bullish bias, accumulating a gain of over 0.7% in the last five sessions, favoring the U.S. dollar.Forexcom2025-03-13

USD/CAD can move towards 1.4240 and 1.4150 – Société Générale

USD/CAD broke out from its multiyear range and experienced an extended uptrend, Société Générale's FX analysts note. FX Street2025-03-12

USD/CAD Price Forecast: Remains below 1.4450 near immediate support at nine-day EMA

USD/CAD retraces its recent losses, trading around 1.4440 during the European hours on Wednesday. Technical analysis on the daily chart suggests the pair remains within an ascending channel pattern, suggesting a bullish bias.FX Street2025-03-12

Canadian Dollar Forecast: USD/CAD Dips on BOC, Latest Tariff Drama

USD/CAD has reversed off yesterday's highs to trade back in the middle of its late-December through January range in the 1.4300-1.4500 zone on the BOC rate cut and latest tariff headlines.Forexcom2025-03-12

USD/CAD gauges temporary support near 1.4400 after US CPI, BoC's policy decision

The USD/CAD pair looks for temporary support near the key level of 1.4400 during North American trading hours on Wednesday after the release of the United States (US) Consumer Price Index (CPI) data for February and the Bank of Canada's (BoC) interest rate decision.FX Street2025-03-12

USD/CAD to tick down to 1.41 in the near term – Danske Bank

Today, focus in CAD FX space turns to the BoC meeting at 14:45 CET - where markets and consensus favour a 25bp rate cut, Danske Bank's FX analysts Kristoffer Kjær Lomholt and Filip Andersson report. FX Street2025-03-12

AUD/USD rises, EUR/USD, USD/CAD dip, US dollar selloff loses steam

An combination of extended moves, tariff fatigue and a refreshing set of softer CPI figures helped appetite for risk peel itself from the ropes it had been pinned to in recent weeks. And that helped AUD/USD rise for a second day and USD/CAD fall below resistance, while EUR/USD bulls paused for breath around a key high.Forexcom2025-03-12

U.S. Dollar Is Mostly Flat After Inflation Data: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

U.S. dollar is stuck near recent lows as Inflation Rate dropped to 2.8%.FXEmpire2025-03-12

Pound Canadian Dollar Exchange Rate News: GBP/CAD Subdued despite BoC Rate Cut

The Canadian Dollar (CAD) was subdued on Wednesday as investors awaited the Bank of Canada's interest rate decision. Meanwhile, tariff tensions and wavering oil prices also confined CAD to a narrow range.ExchangeRates2025-03-12

USD/CAD remains below 1.4450 amid recession fears in the United States

USD/CAD holds losses after two days of gains, trading around 1.4440 during the Asian hours on Tuesday. The pair loses ground as the US Dollar (USD) struggles amid concerns that tariff policy uncertainty could push the US economy into recession.FX Street2025-03-11

USD/CAD Price Forecast: Trades lower amid caution ahead of BoC monetary policy meeting

The USD/CAD pair declines to near 1.4400 in European trading hours on Tuesday after correcting from the four-day high of 1.4470 posted on Monday. The Loonie pair weakens as the US Dollar (USD) underperforms across the board amid fears that the United States (US) could face economic turbulence in the near term due to President Donald Trump's ‘America First' policies.FX Street2025-03-11

Pound to Canadian Dollar Surges as Trump Inflicts Further Pain on Canada

After Tuesday's New York open, President Trump announced a further trade sanction on Canada with the tariffs on steel and aluminium imports doubled to 50% from 25%. The Canadian dollar was hit again global markets with the Pound to Canadian dollar (GBP/CAD) exchange rate jumping to fresh 8-year highs around 1.8780.ExchangeRates2025-03-11