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120 Adelaide St. W. #R7

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

Sat. 10am - 4pm

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Currency Exchange Mississauga

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Today's Forex News

USD/CAD trims gains after Iranian media denies any attack, remains below 1.3800

USD/CAD pares its intraday gains, trading around 1.3780 during the Asian session on Friday. However, the pair received upward support as the safe-haven US Dollar (USD) gained traction following news of Israeli missiles striking a site in Iran, exacerbating tensions in the Middle East.FX Street2024-04-19

USD/CAD side-steps geopolitical geopolitical volatility to trade little changed

USD/CAD is trading in the 1.3750s after edging lower on Friday. The pair has been shielded by the worst excesses of volatility witnessed in markets brought on by the escalating geopolitical situation in the Middle East.FX Street2024-04-19

Technical Analysis – USDCAD puts rally on hold near 1.3800 caution zone

USDCAD attempted to re-enter the 1.3800 territory earlier today after its pullback from a five-month high of 1.3844 on Wednesday. But upside forces faded soon, forcing the price to pull back to Thursday's closing price of 1.3765.XM2024-04-19

EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Pulls Back As Traders Take Profits Ahead Of The Weekend

USD/JPY remains in focus as traders try to guess whether BoJ will be able to defend the key 155.00 level.FXEmpire2024-04-19

Additional News:

Too Far from You?

Travel to Winnipeg?


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

Historical Forex News

USD/CAD depreciates to near 1.3750 on improved risk sentiment amid weaker crude Oil

USD/CAD extends its losses for the second consecutive session on Thursday, trading around 1.3750 during the Asian session. The pair follows the retreat from the five-month high of 1.3846 reached on Tuesday.FX Street2024-04-18

EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Gains Ground As Treasury Yields Rebound

The BoJ may be forced to intervene as USD/JPY is moving towards the key 155.00 level.FXEmpire2024-04-18

USD/CAD backtracks after strong rally in April

USD/CAD is trading in the 1.3750s on Thursday, down roughly a tenth of a percent on the day as it continues to backtrack after the strong rally at the beginning of April. FX Street2024-04-18

USD/CAD clings to 1.3800 after retreating from its five-month highs

USD/CAD retreats from a five-month high of 1.3846 reached on Tuesday. The pair trades around 1.3800 during the European hours on Wednesday.FX Street2024-04-17

EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Stabilizes After The Recent Rally

U.S. dollar is mostly flat in choppy trading as some traders prefer to take profits off the table after the strong rally.FXEmpire2024-04-17

USD/CAD falls sharply to 1.3800 despite multiple tailwinds

The USD/CAD pair dipped to round-level support of 1.3800 in Wednesday's early American session. The Loonie asset faces pressure despite multiple tailwinds, such as higher Bank of Canada (BoC) rate cut hopes, a sharp decline in the Oil price, and hawkish guidance from Federal Reserve (Fed) Chair Jerome Powell.FX Street2024-04-17

USD/CAD stands tall near 1.3800, highest since November as traders look to Canadian CPI

The USD/CAD pair builds on last week's breakout momentum through the 1.3600-1.3610 supply zone and gains some positive traction for the fifth successive day on Tuesday. Spot prices climb to the 1.3815 region, or the highest level since November 14 during the Asian session and remain well supported by the underlying strong bullish sentiment surrounding the US Dollar (USD).FX Street2024-04-16

EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Tests New Highs As Treasury Yields Rise

Forex traders bet on a more hawkish Fed, which is bullish for the American currency.FXEmpire2024-04-16

USD/CAD climbs above 1.3800 after mix Canadian Inflation data

The USD/CAD pair jumps to 1.3820 in Tuesday's early New York session after Statistics Canada reported a mixed Consumer Price Index (CPI) report for March. The agency showed that monthly headline CPI grew by 0.6%, slower from expectations of 0.7% but higher than the prior reading of 0.3%.FX Street2024-04-16

CADJPY Elliott Wave : Forecasting the Rally After 3 Waves Pull Back

In this technical blog we're going to take a quick look at the Elliott Wave charts of CADJPY , published in members area of the website. As our members know we are favoring the long side in YEN pairs.Action Forex2024-04-16

USD/CAD trades with modest losses, hold above mid-1.3700s amid softer Oil prices

The USD/CAD pair comes under some selling pressure on the first day of a new week and erodes a part of Friday's strong move up to the 1.3785 region, or its highest level since November 14. Spot prices currently trade around the 1.3760-1.3755 zone, though any meaningful corrective decline still seems elusive in the wake of the underlying strong bullish sentiment surrounding the US Dollar (USD).FX Street2024-04-15

USD/CAD Price Analysis: Corrects to 1.3730 ahead of US Retail Sales data

The USD/CAD pair drops to 1.3730 in Monday's European session. The Loonie asset falls while the US Dollar consolidates in a tight range, indicating some strength in the Canadian Dollar.FX Street2024-04-15

Technical Analysis – USDCAD reaches new 2024 high; could this move continue?

USDCAD trades higher again, tests strong resistance level It is the bulls' first attempt to break above the current trend channel Momentum indicators are mixed with a possible bearish divergence developing USDCAD is trading higher again today, recording its fourth consecutive green candle and reaching a new 5-month high. USDCAD is trying to break decisively above the upward sloping trend channel that has been in place since the start of 2024 and it is now testing the resistanceXM2024-04-12

EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Tests Multi-Month Highs Ahead Of The Weekend

Fed policy outlook and rising geopolitical tensions provide support to U.S. dollar.FXEmpire2024-04-12

USD/CAD approaches 1.3750 as Fed to delay rate cuts

The USD/CAD pair is advancing towards 1.3750 in Friday's London session. The Loonie asset extends its winning spell for the third trading session as investors see the Federal Reserve (Fed) pivoting to rate cuts by the third quarter of this year.FX Street2024-04-12

USD/CAD consolidates its gains above 1.3650, focus on US PPI data

USD/CAD consolidates its gains above 1.3650, focus on US PPI dataFX Street2024-04-11

EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Tests New Highs After PPI Report

The European currency has found itself under pressure after ECB Interest Rate Decision.FXEmpire2024-04-11

USD/CAD clings to mild losses below 1.3570, awaits BoC's decision, US CPI

USD/CAD seems to remain tepid amid firmer US Dollar (USD) and Crude oil prices. The pair inches lower to near 1.3570 during the Asian session on Wednesday.FX Street2024-04-10

Technical Analysis – Is CADJPY setting the ground for its next bull run?

CADJPY remained stagnant after entering the 112.00 area, keeping its weak momentum despite reaching a new high of 112.46 last week - the highest level since the beggining of 2008.XM2024-04-10

Technical Analysis – Is CADJPY setting the stage for its next bull run?

CADJPY has been trading sideways after touching the 112.00 area, keeping its weak momentum despite reaching a new high of 112.46 last week - the highest level since the beginning of 2008.XM2024-04-10

EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Tests Multi-Month Highs As Inflation Exceeds Expectations

U.S. dollar rallied as Inflation Rate increased from 3.2% in February to 3.5% in March.FXEmpire2024-04-10

USD/CAD pulls back after April Bank of Canada policy decision

USD/CAD has pulled back about two tenths of a percentage point on Wednesday, following the Bank of Canada's (BoC) decision to leave its key overnight interest rate unchanged at 5.0%, in line with analysts' expectations. FX Street2024-04-10

Technical Analysis – AUDCAD rebounds strongly from uptrend line

AUDCAD has been trading in a rally mode since April 2, when it hit support at the near-term uptrend line drawn from the low of September 27. On April 5, the pair emerged above the 0.8930 resistance (now turned into support) zone and looks to be headed towards the key obstacle of 0.9055.XM2024-04-10

USD/CAD Price Analysis: Likely come out of contraction after US Inflation data, BoC policy decision

The USD/CAD pair struggles for a direction as investors await the United States Consumer Price Index (CPI) data for March, which will be published on Wednesday. The Loonie asset trades sideways below the round-level resistance of 1.3600 in Tuesday's European session.FX Street2024-04-09

EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Is Flat As Traders Wait For Inflation Data

Forex traders are not ready for big moves ahead of inflation reports, which will be released tomorrow.FXEmpire2024-04-09

USD/CAD forecast ahead of BoC decision, US inflation data

The USD/CAD exchange rate drifted downwards this week as traders shifted their focus on the upcoming Bank of Canada (BoC) decision, Federal Reserve minutes, and US consumer inflation data. It retreated to a low of 1.3550 on Tuesday, down from this month's high of 1.3647.Invezz2024-04-09

USD/CAD remains biased higher around 1.3600 after paring gains

USD/CAD extends its winning streak, trading higher around 1.3600 for the third consecutive session during the Asian hours on Monday. The US Dollar (USD) strengthens, supported by higher US Treasury yields, thereby exerting upward support to the USD/CAD pair.FX Street2024-04-08

EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Pulls Back At The Start Of The Week

Treasury yields tested new highs but forex traders were not ready to buy U.S. dollar.FXEmpire2024-04-08

Weekly Technical Outlook – USDJPY, EURGBP, USDCAD

Wednesday will be an inflation day in the US. The new CPI data will cover March and will give a comprehensive overview of the first quarter.XM2024-04-08

USD/CAD Price Analysis: Retreats to 1.3600 as US Dollar stays on sidelines ahead of US Inflation

The USD/CAD pair falls back to the round-level support of 1.3600 in Monday's European session. The Loonie asset drops as the US Dollar fails to catch bid despite traders pare expectations for the Federal Reserve (Fed) to begin reducing interest rates from the June meeting.FX Street2024-04-08

USD/CAD expectations

While both the Fed and the BoC are expected to start cutting interest rates sometime this year, some analysts expect the BoC to potentially open the door for a June rate cut due to the rising unemployment rate caused by migration coupled with an inflation cooldown.Forex Live2024-04-05

USD/CAD Price Analysis: Advances to near 1.3560 followed by weekly high

USD/CAD extends its gains for the second consecutive session, trading higher around 1.3560 during the European session on Friday. The immediate barrier appears at a weekly high of 1.3588, followed by the psychological resistance at 1.3600 level.FX Street2024-04-05

Technical Analysis – USDCAD ticks higher within ascending channel

Technically, the MACD oscillator is holding beneath its trigger line and near the zero level, weakening its momentum, while the RSI is pointing marginally up above the neutral threshold of 50.XM2024-04-05

USD/CAD gains traction above 1.3560, focus on US and Canadian labour market data

USD/CAD gains traction above 1.3560, focus on US and Canadian labour market dataFX Street2024-04-05

EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Is Flat In Volatile Trading

U.S. Dollar Index failed to settle above 104.60 despite strong Non Farm Payrolls data.FXEmpire2024-04-05

USD/CAD refreshes four-month high near 1.3640 on solid US NFP, weak Canadian Employment

The USD/CAD pair prints a fresh four-month high at 1.3640 in Friday's early American session. The Loonie asset rallies as the United States Bureau of Labor Statistics (BLS) has reported upbeat Nonfarm Payrolls and the Statistics Canada has showed poor Employment data for March.FX Street2024-04-05

USD/CAD forecast after the US and Canada jobs reports

The USD/CAD exchange rate rose for the second straight day after the latest US and Canadian jobs numbers. It rose to a high of 1.3580 on Friday, higher than this week's low of 1.3477.Invezz2024-04-05

EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Remains Under Pressure

U.S. Dollar Index is trying to settle below the 104.00 level as the pullback continues.FXEmpire2024-04-04

USD/CAD Price Analysis: At make or a break around 1.3500

The USD/CAD pair falls sharply to the psychological support of 1.3500 in the European session on Thursday. The Loonie asset faces an intense sell-off as the US Dollar weakens and global Oil prices remain broadly strong.FX Street2024-04-04