Currency Exchange Toronto

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47,000+ Customers

200,000+ Transactions

300 Million+ Exchanged



Since 2012

License: M11432814


Branch Information


Monday - Wednesday: 8:30 am - 6:30 pm

Thursday - Friday: 8:30 am - 7:00 pm

Saturday: 10:00 am - 3:30 pm

Sunday: Closed

torontopath@currencymart.net

Today's Forex News

USD/CAD moves away from over two-month low, climbs beyond mid-1.3500s amid bearish Oil prices

The USD/CAD pair builds on the previous day's recovery move from the 1.3480 region, or its lowest level since September 29 and gains positive traction for the second successive day on Tuesday. The momentum lifts spot prices to a three-day top, beyond mid-1.3500s during the Asian session and is sponsored by bearish Crude Oil prices.FX Street2023-12-05

USD/CAD crawls beyond 1.3550 on risk aversion and lower oil prices

USD/CAD crawls beyond 1.3550 on risk aversion and lower oil pricesFX Street2023-12-05

USD/CAD moves away from over two-month low, climbs beyond mid-1.3500s amid bearish Oil prices

The USD/CAD pair builds on the previous day's recovery move from the 1.3480 region, or its lowest level since September 29 and gains positive traction for the second successive day on Tuesday. The momentum lifts spot prices to a three-day top, beyond mid-1.3500s during the Asian session and is sponsored by bearish Crude Oil prices.FX Street2023-12-05

EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Tests New Highs As Rebound Continues

The disappointing JOLTs Job Openings report did not put pressure on the American currency.FXEmpire2023-12-05

USD/CAD crawls beyond 1.3550 on risk aversion and lower oil prices

USD/CAD crawls beyond 1.3550 on risk aversion and lower oil pricesFX Street2023-12-05

USD/CAD moves away from over two-month low, climbs beyond mid-1.3500s amid bearish Oil prices

The USD/CAD pair builds on the previous day's recovery move from the 1.3480 region, or its lowest level since September 29 and gains positive traction for the second successive day on Tuesday. The momentum lifts spot prices to a three-day top, beyond mid-1.3500s during the Asian session and is sponsored by bearish Crude Oil prices.FX Street2023-12-05

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

Currency Exchange Toronto - FAQ

Calling each foreign exchange dealer in Toronto and asking for a quote will find you the best exchange rate in Toronto.

  • Firstly, the exchange rate is time sensitive information. The best exchange rate provider of your last deal may not offer the best exchange rate currently.
  • Secondly, the exchange rate is currency dependent. A foreign exchange dealer offers the best exchange rate for the United States dollars may not have the best exchange rate for the Euro dollars.
  • Thirdly, the actual exchange rate applied is payment restricted. For example, the exchange rate for electronic payment is much better than cash settlement, due to the cost of fraud, lost or stolen.
  • Finally, the exchange rate is also pending on inventory level and currency trend. In case of overstock and downtrend, a foreign exchange dealer is more likely to offer a better exchange rate than usual to speed up sales.
  • Due to all the driving factors above, only calling each foreign exchange dealer in Toronto and asking for a quote can get you the best exchange in Toronto.

Yes, all branches of local banks and credit unions offer currency exchange services, however there are a few things to pay attention to.

Banks and credit unions only deal with customers who have accounts with them. For small amounts under $100, airport and shopping mall foreign exchange kiosks and hotel front desks are acceptable, even the exchange rate is terrible and fees are high, but really convenient.

For amounts over $1000, it is worth calling each surrounding foreign exchange dealers to find out who offers the best exchange rates.Some well known foreign exchange dealers are:

  • Currency Mart
  • Calforex
  • Continental
  • Interchange Financial
  • Kantor

How much do banks charge for currency exchange Canada?

In general, banks may mark up the currency exchange rate up to 8% for their retail customers with small amounts of exchange plus the flat amount processing fee, such as $5. These markup and fee vary from bank to bank and branch to branch.

Generally speaking, banks with large branch networks charge more and banks with fewer branches, and credit unions offer exchange rates better than banks.

Yes, all branches of local banks and credit unions offer currency exchange services, however there are a few things to pay attention to.

  • Banks do not deal with all currencies, common currencies only such as US dollar or Euro dollar. In general, banks only deal with about 20 - 30 currencies. Only RBC in Canada deals a little bit more than other banks.
  • Usually, banks do not keep foreign currency in stock. Customers need to place an order for it and pick it up 3 - 5 days later.
  • If customers sell foreign currency cash to their bank branches, not all branches pay for the foreign currencies right the way. Some branches send the foreign cash to their processing center to exam and then deposit the payment to your bank account a few days later.
  • Most banks only purchase or sell foreign currencies to clients with a bank account with them.

All banks and credit unions offer currency exchange service, but the drawbacks are usually bank branches do not keep foreign currency cash in stock and also the exchange rate branches offer less favorable for customers.

Beside banks and credit unions, there are a few non financial institution currency exchange dealers in Toronto. Most their locations are in Toronto downtown or the international airport.

These non financial institution foreign exchange dealers try to distinguish their services to others so they do not directly complete with each other.

  • Currency exchange dealers in airport target customers who need convenient services. That is why usually airport locations open much longer hours, such as 12 hours per day. Premium locations and longer hours determined that the operation cost for airport locations are much higher than regular locations, so the currency exchange rates offered by airport locations are terrible for customers. Typically, customers only exchange small amounts for immediately expenses, such as $30 dollar for a taxi.
  • Dealers in Toronto downtown aim corporate or large amount individual customers. A typical transaction amount is $10,000 for start. Usually this type of foreign exchange dealers do not handle physical cash. All transactions are done by wire transfer or electrical fund transfer, a payment processing system used by all Canadian banks. The exchange rate offered by this type of dealers are much better than banks, but the drawback is each transaction takes 1 - 2 business days to complete. The service is ideal for large amount customers who plans a head of time.
  • Farmers are the main customers of all currency exchange dealers in Toronto. Farmers trade huge amount of currency in spring to purchase supply and in fall after selling their harvest.

  • Business owners such as auto dealers, trading companies and restaurants, as well as hotels. These type of businesses either accumulate huge amount of foreign currency during daily operation or need to make large purchase and pay in foreign currency.

  • New immigrants bring in their savings of their whole life to Canada. Also, most new immigrants need to make a large purchase during their first 2 years, a house. That is why the currency exchange demand for new immigrants is huge

  • International students spends their 5 years of best life in Toronto. They bring in about $30,000 a year per person to Toronto.

  • Canadians who are planning to purchase a property in overseas for their retire life.

  • Travelers make small amount exchange, but the huge number of visitors makes the businesses still attractive for currency exchange dealers.

All banks and credit unions offer currency exchange services, but these branches do not keep Euro dollar in stock. Customers need to order with them and pick it up 3 - 5 days later.

Both Currency Mart Toronto downtown and Toronto North York keep Euro cash in stock all the time for the convenience of customer.

From the exchange rate point of view, HSBC Canada offers the best currency exchange rate amount all banks in Canada.

From the exchange rate point of view, in general, the exchange rate in the morning is better than afternoon, beginning of each week is better than near the end of the week.

Please try to have your foreign currency exchanged about 1 week before your departure date.

If the leftover foreign currency is bill, you can still take the bills to local banks or currency exchange dealers.

Most likely, no one takes care leftover foreign coins.

Please try to have your foreign currency exchanged about 1 week before your departure date.

We suggest you to exchange currency a few days before you departure. The reason is you have time to compare and shop around. In addition, Currency Mart can purchase back 30% of your purchase back in 30 days at the same exchange rate printed on the receipt.

Currency exchange dealers try to carry as many currencies as possible, but the supply and the fluctuating currency exchange rates limit our capability. As a currency exchange dealer, United State dollar and Euro dollar are mush have currencies. In addition, some currencies, such as Mexican peso and currencies for other sunshine destination are must have for winter season. To sum up, we try to carry all European country currencies all year around and travel destination country currencies in winter. Please check our currency list for details.

On average, our trade amount is around $700 Canadian dollar per transaction. This amount can be doubled if you travel to US or other European countries and can be reduced to half if you travel to developing countries.

Historical Forex News

USD/CAD bounces up to test resistance at 1.3550 amid a cautious market mood

The US Dollar has opened the week on a somewhat firmer footing, following a significant sell-off late last week, which sent the pair to fresh two-mont lows below 1.3500. Federal reserve Chairman Powell vowed caution with monetary policy and observed that the effect of the restrictive monetary policy is starting to affect economic growth.FX Street2023-12-04

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

EUR/USD and GBP/USD are losing ground while USD/JPY is trying to rebound from recent lows.FXEmpire2023-12-04

USD/CAD bounces up to test resistance at 1.3550 amid a cautious market mood

The US Dollar has opened the week on a somewhat firmer footing, following a significant sell-off late last week, which sent the pair to fresh two-mont lows below 1.3500. Federal reserve Chairman Powell vowed caution with monetary policy and observed that the effect of the restrictive monetary policy is starting to affect economic growth.FX Street2023-12-04

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

EUR/USD and GBP/USD are losing ground while USD/JPY is trying to rebound from recent lows.FXEmpire2023-12-04

USD/CAD bounces up to test resistance at 1.3550 amid a cautious market mood

The US Dollar has opened the week on a somewhat firmer footing, following a significant sell-off late last week, which sent the pair to fresh two-mont lows below 1.3500. Federal reserve Chairman Powell vowed caution with monetary policy and observed that the effect of the restrictive monetary policy is starting to affect economic growth.FX Street2023-12-04

USD/CAD Eyes Canadian Job Data, US PMI

The Canadian dollar continues to gain ground against a slumping US dollar. In the European session, USD/CAD is trading at 1.3529, down 0.23%.Action Forex2023-12-01

USD/CAD: Failure to defend 1.3500/1.3480 can trigger a fall toward September low of 1.3385 – SocGen

USD/CAD continues its decline and trades below the mid-1.35s. Economists at Société Générale analyze the pair's technical outlook.FX Street2023-12-01

USD/CAD Price Analysis: Hovers around 1.3530, awaits Fed Powell's speech

USD/CAD extends its losses for the second successive day, trading lower around 1.3530 during the European session on Friday. The weakened US Dollar (USD) exerts pressure and undermines the pair.FX Street2023-12-01

USD/CAD: 1.35-1.37 is the range into year- end – ING

USD/CAD hovers around the mid-1.35s. Economists at ING analyze the pair's outlook.FX Street2023-12-01

Daily Forex News and Watchlist: NZD/CAD

We're looking at a comdoll v comdoll battle today as we check out NZD/CAD's short-term range ahead of Canada's labor market data. Will the pair stay within its range today?Babypips2023-12-01

USD/CAD to dive toward 1.34 on a break below the 1.35 area – Scotiabank

CAD has extended gains on USD to low 1.35s. Economists at Scotiabank analyze Loonie's outlook.FX Street2023-12-01

USD/CAD extends losses, approaching 1.3500 ahead of Powell

USD/CAD extends losses, approaching 1.3500 ahead of PowellFX Street2023-12-01

USD/CAD Eyes Canadian Job Data, US PMI

The Canadian dollar continues to gain ground against a slumping US dollar. In the European session, USD/CAD is trading at 1.3529, down 0.23%.Action Forex2023-12-01

USD/CAD: Failure to defend 1.3500/1.3480 can trigger a fall toward September low of 1.3385 – SocGen

USD/CAD continues its decline and trades below the mid-1.35s. Economists at Société Générale analyze the pair's technical outlook.FX Street2023-12-01

USD/CAD Price Analysis: Hovers around 1.3530, awaits Fed Powell's speech

USD/CAD extends its losses for the second successive day, trading lower around 1.3530 during the European session on Friday. The weakened US Dollar (USD) exerts pressure and undermines the pair.FX Street2023-12-01

USD/CAD: 1.35-1.37 is the range into year- end – ING

USD/CAD hovers around the mid-1.35s. Economists at ING analyze the pair's outlook.FX Street2023-12-01

EURCAD Technical Analysis – Price Action Forecast and Important Levels to Watch

This article goes over different tools and indicators covering EURCAD, in some cases, cross-pairs can provide trade setups of a different nature as the US Dollar is partially taken out of the equation. Trading in financial markets requires an overview of different types of tools and the same applies to forex trading.Action Forex2023-12-01

Daily Forex News and Watchlist: NZD/CAD

We're looking at a comdoll v comdoll battle today as we check out NZD/CAD's short-term range ahead of Canada's labor market data. Will the pair stay within its range today?Babypips2023-12-01

USD/CAD to dive toward 1.34 on a break below the 1.35 area – Scotiabank

CAD has extended gains on USD to low 1.35s. Economists at Scotiabank analyze Loonie's outlook.FX Street2023-12-01

USD/CAD extends losses, approaching 1.3500 ahead of Powell

USD/CAD extends losses, approaching 1.3500 ahead of PowellFX Street2023-12-01

USD/CAD Eyes Canadian Job Data, US PMI

The Canadian dollar continues to gain ground against a slumping US dollar. In the European session, USD/CAD is trading at 1.3529, down 0.23%.Action Forex2023-12-01

USD/CAD: Failure to defend 1.3500/1.3480 can trigger a fall toward September low of 1.3385 – SocGen

USD/CAD continues its decline and trades below the mid-1.35s. Economists at Société Générale analyze the pair's technical outlook.FX Street2023-12-01

USD/CAD Price Analysis: Hovers around 1.3530, awaits Fed Powell's speech

USD/CAD extends its losses for the second successive day, trading lower around 1.3530 during the European session on Friday. The weakened US Dollar (USD) exerts pressure and undermines the pair.FX Street2023-12-01

USD/CAD: 1.35-1.37 is the range into year- end – ING

USD/CAD hovers around the mid-1.35s. Economists at ING analyze the pair's outlook.FX Street2023-12-01

EURCAD Technical Analysis – Price Action Forecast and Important Levels to Watch

This article goes over different tools and indicators covering EURCAD, in some cases, cross-pairs can provide trade setups of a different nature as the US Dollar is partially taken out of the equation. Trading in financial markets requires an overview of different types of tools and the same applies to forex trading.Action Forex2023-12-01

Daily Forex News and Watchlist: NZD/CAD

We're looking at a comdoll v comdoll battle today as we check out NZD/CAD's short-term range ahead of Canada's labor market data. Will the pair stay within its range today?Babypips2023-12-01

Daily Forex News and Watchlist: USD/CAD

USD/CAD is locked inside a tight range ahead of today's Canadian GDP and U.S. core PCE releases! Is the pair in for a breakout?Babypips2023-11-30

USD/CAD Price Analysis: Treads water near 1.3600 backed by a barrier at 23.6% Fibonacci

USD/CAD gains ground for the second consecutive session, maintaining its position near the 1.3600 psychological level during the European session on Thursday. A decisive breakthrough above the latter could open the doors for the USD/CAD pair to explore the barrier around 23.6% Fibonacci retracement at 1.3623 aligned with the seven-day Exponential Moving Average (EMA) at 1.3626.FX Street2023-11-30

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

The European currency is losing ground as Euro Area Inflation Rate dropped to 2.4% in November.FXEmpire2023-11-30

Canada Gross Domestic Product: Unexpected contraction hits USD/CAD

Canada's Real Gross Domestic Product (GDP) edged up 0.1% MoM in September, better than the flat reading anticipated by financial markets. The Q3 annualized reading, however, posted a sharp 1.1% slide, much worse than the 0.2% advance anticipated by financial markets.FX Street2023-11-30

USD/CAD: Short-term chart patterns are turning a little more USD-supportive – Scotiabank

USD/CAD climbs back to the low 1.36s. Economists at Scotiabank analyze the pair's outlook.FX Street2023-11-30

Daily Forex News and Watchlist: USD/CAD

USD/CAD is locked inside a tight range ahead of today's Canadian GDP and U.S. core PCE releases! Is the pair in for a breakout?Babypips2023-11-30

USD/CAD Price Analysis: Treads water near 1.3600 backed by a barrier at 23.6% Fibonacci

USD/CAD gains ground for the second consecutive session, maintaining its position near the 1.3600 psychological level during the European session on Thursday. A decisive breakthrough above the latter could open the doors for the USD/CAD pair to explore the barrier around 23.6% Fibonacci retracement at 1.3623 aligned with the seven-day Exponential Moving Average (EMA) at 1.3626.FX Street2023-11-30

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

The European currency is losing ground as Euro Area Inflation Rate dropped to 2.4% in November.FXEmpire2023-11-30

Canada Gross Domestic Product: Unexpected contraction hits USD/CAD

Canada's Real Gross Domestic Product (GDP) edged up 0.1% MoM in September, better than the flat reading anticipated by financial markets. The Q3 annualized reading, however, posted a sharp 1.1% slide, much worse than the 0.2% advance anticipated by financial markets.FX Street2023-11-30

USD/CAD: Short-term chart patterns are turning a little more USD-supportive – Scotiabank

USD/CAD climbs back to the low 1.36s. Economists at Scotiabank analyze the pair's outlook.FX Street2023-11-30

Daily Forex News and Watchlist: USD/CAD

USD/CAD is locked inside a tight range ahead of today's Canadian GDP and U.S. core PCE releases! Is the pair in for a breakout?Babypips2023-11-30

USD/CAD Price Analysis: Treads water near 1.3600 backed by a barrier at 23.6% Fibonacci

USD/CAD gains ground for the second consecutive session, maintaining its position near the 1.3600 psychological level during the European session on Thursday. A decisive breakthrough above the latter could open the doors for the USD/CAD pair to explore the barrier around 23.6% Fibonacci retracement at 1.3623 aligned with the seven-day Exponential Moving Average (EMA) at 1.3626.FX Street2023-11-30

USD/CAD Price Analysis: Hovers near 1.3570 after recovering intraday losses

USD/CAD struggles to halt its three-day losing streak post recovering most of its intraday losses, hovering around 1.3570 during the European hours on Wednesday. However, the USD/CAD pair faced challenges during the Asian session on the back of a softer US Dollar (USD), coupled with improved Crude oil prices.FX Street2023-11-29

EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Rebounds From Multi-Month Lows

The strong GDP Growth Rate report provided support to the American currency.FXEmpire2023-11-29

USD/CAD: Strongly developing downtrend on the charts – Scotiabank

USD/CAD: Strongly developing downtrend on the charts – ScotiabankFX Street2023-11-29

USD/CAD Price Analysis: Hovers near 1.3570 after recovering intraday losses

USD/CAD struggles to halt its three-day losing streak post recovering most of its intraday losses, hovering around 1.3570 during the European hours on Wednesday. However, the USD/CAD pair faced challenges during the Asian session on the back of a softer US Dollar (USD), coupled with improved Crude oil prices.FX Street2023-11-29

US Dollar on Bearish Path - Technical Setups on USD/JPY, USD/CAD, AUD/USD

This article examines the technical outlook for USD/JPY, USD/CAD and AUD/USD, analyzing critical price levels that could act as support or resistance in the upcoming trading sessions.DailyFX2023-11-29

EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Rebounds From Multi-Month Lows

The strong GDP Growth Rate report provided support to the American currency.FXEmpire2023-11-29

USD/CAD: Strongly developing downtrend on the charts – Scotiabank

USD/CAD: Strongly developing downtrend on the charts – ScotiabankFX Street2023-11-29

USD/CAD Price Analysis: Hovers near 1.3570 after recovering intraday losses

USD/CAD struggles to halt its three-day losing streak post recovering most of its intraday losses, hovering around 1.3570 during the European hours on Wednesday. However, the USD/CAD pair faced challenges during the Asian session on the back of a softer US Dollar (USD), coupled with improved Crude oil prices.FX Street2023-11-29

EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Tests Multi-Month Lows As Pullback Continues

The weaker-than-expected Case-Shiller Home Price Index report put additional pressure on the American currency.FXEmpire2023-11-28

USD/CAD: Further weakness below 1.3590 targets 1.3490/1.3500 – Scotiabank

Loonie is a moderate outperformer on the session. Economists at Scotiabank analyze the USD/CAD pair outlook.FX Street2023-11-28

USD/CAD Price Forecast: Trendline Break to Facilitate a Test of 1.3500 Support?

Loonie extends gains as the Greenback falters. A host of data is expected from both the US and Canada, will this help push USD/CAD lower?DailyFX2023-11-28

EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Tests Multi-Month Lows As Pullback Continues

The weaker-than-expected Case-Shiller Home Price Index report put additional pressure on the American currency.FXEmpire2023-11-28

USD/CAD: Further weakness below 1.3590 targets 1.3490/1.3500 – Scotiabank

Loonie is a moderate outperformer on the session. Economists at Scotiabank analyze the USD/CAD pair outlook.FX Street2023-11-28

USD/CAD Price Forecast: Trendline Break to Facilitate a Test of 1.3500 Support?

Loonie extends gains as the Greenback falters. A host of data is expected from both the US and Canada, will this help push USD/CAD lower?DailyFX2023-11-28

EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Tests Multi-Month Lows As Pullback Continues

The weaker-than-expected Case-Shiller Home Price Index report put additional pressure on the American currency.FXEmpire2023-11-28

USD/CAD: Further weakness below 1.3590 targets 1.3490/1.3500 – Scotiabank

Loonie is a moderate outperformer on the session. Economists at Scotiabank analyze the USD/CAD pair outlook.FX Street2023-11-28

USD/CAD Price Forecast: Trendline Break to Facilitate a Test of 1.3500 Support?

Loonie extends gains as the Greenback falters. A host of data is expected from both the US and Canada, will this help push USD/CAD lower?DailyFX2023-11-28

EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Tests Multi-Month Lows As Pullback Continues

The weaker-than-expected Case-Shiller Home Price Index report put additional pressure on the American currency.FXEmpire2023-11-28

USD/CAD: Further weakness below 1.3590 targets 1.3490/1.3500 – Scotiabank

Loonie is a moderate outperformer on the session. Economists at Scotiabank analyze the USD/CAD pair outlook.FX Street2023-11-28

USD/CAD Price Forecast: Trendline Break to Facilitate a Test of 1.3500 Support?

Loonie extends gains as the Greenback falters. A host of data is expected from both the US and Canada, will this help push USD/CAD lower?DailyFX2023-11-28

EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Tests Multi-Month Lows As Pullback Continues

The weaker-than-expected Case-Shiller Home Price Index report put additional pressure on the American currency.FXEmpire2023-11-28

USD/CAD: Further weakness below 1.3590 targets 1.3490/1.3500 – Scotiabank

Loonie is a moderate outperformer on the session. Economists at Scotiabank analyze the USD/CAD pair outlook.FX Street2023-11-28

Daily Forex News and Watchlist: NZD/CAD

NZD/CAD is testing (and turning lower) from a previous high. Think the pair's short-term range will play out in the next trading sessions?Babypips2023-11-27

EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Is Flat Despite Falling Treasury Yields

The weaker-than-expected economic reports did not put pressure on the American currency.FXEmpire2023-11-27

USD/CAD: Loonie is finding it hard to make meaningful progress at the moment – Scotiabank

After closing out the weekly strongly and outperforming on Friday, the CAD is little changed on the day against the USD. Economists at Scotiabank analyze USD/CAD outlook.FX Street2023-11-27

Daily Forex News and Watchlist: NZD/CAD

NZD/CAD is testing (and turning lower) from a previous high. Think the pair's short-term range will play out in the next trading sessions?Babypips2023-11-27

EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Is Flat Despite Falling Treasury Yields

The weaker-than-expected economic reports did not put pressure on the American currency.FXEmpire2023-11-27

USD/CAD: Loonie is finding it hard to make meaningful progress at the moment – Scotiabank

After closing out the weekly strongly and outperforming on Friday, the CAD is little changed on the day against the USD. Economists at Scotiabank analyze USD/CAD outlook.FX Street2023-11-27

Daily Forex News and Watchlist: NZD/CAD

NZD/CAD is testing (and turning lower) from a previous high. Think the pair's short-term range will play out in the next trading sessions?Babypips2023-11-27

USD/CAD Price Analysis: Trims intraday gains, moves below 1.3700

USD/CAD cuts intraday gains, trading near 1.3690 during the European session ahead of Canada's Retail Sales release on Friday. Investors are betting on the likelihood of no further interest rate hikes by the Federal Reserve (Fed), potentially weakening the USD/CAD pair.FX Street2023-11-24

Daily Forex News and Watchlist: AUD/CAD

AUD/CAD is making its way back up the charts! Think we're about to see another period of higher lows and higher highs from the pair?Babypips2023-11-24

EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Pulls Back After PMI Reports

Rising Treasury yields did not provide support to the American currency in today's trading session.FXEmpire2023-11-24

USD/CAD: At risk of more losses in the weeks ahead – Scotiabank

USD/CAD holds little changed. Economists at Scotiabank analyze the pair's outlook.FX Street2023-11-24

USD/CAD Price Analysis: Trims intraday gains, moves below 1.3700

USD/CAD cuts intraday gains, trading near 1.3690 during the European session ahead of Canada's Retail Sales release on Friday. Investors are betting on the likelihood of no further interest rate hikes by the Federal Reserve (Fed), potentially weakening the USD/CAD pair.FX Street2023-11-24

Daily Forex News and Watchlist: AUD/CAD

AUD/CAD is making its way back up the charts! Think we're about to see another period of higher lows and higher highs from the pair?Babypips2023-11-24

EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Pulls Back After PMI Reports

Rising Treasury yields did not provide support to the American currency in today's trading session.FXEmpire2023-11-24

USD/CAD: At risk of more losses in the weeks ahead – Scotiabank

USD/CAD holds little changed. Economists at Scotiabank analyze the pair's outlook.FX Street2023-11-24

USD/CAD Price Analysis: Trims intraday gains, moves below 1.3700

USD/CAD cuts intraday gains, trading near 1.3690 during the European session ahead of Canada's Retail Sales release on Friday. Investors are betting on the likelihood of no further interest rate hikes by the Federal Reserve (Fed), potentially weakening the USD/CAD pair.FX Street2023-11-24

Daily Forex News and Watchlist: AUD/CAD

AUD/CAD is making its way back up the charts! Think we're about to see another period of higher lows and higher highs from the pair?Babypips2023-11-24

EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – Euro Gains Ground As Euro Area PMI Reports Exceed Expectations

The stronger-than-expected PMI data has also provided support to the British pound.FXEmpire2023-11-23

USD/CAD Analysis: Rate Approaching Important Support

Bank of Canada Governor Tiff Macklem said yesterday that enough may have been done to curb inflation. As follows from his words, current policies can lead to inflation returning to the target of 2%.Action Forex2023-11-23

USD/CAD trims some of its intraday gains, hovers around 1.3680

USD/CAD continues to lose ground for the third consecutive session, bidding lower near 1.3680 during the Asian hours on Thursday. The USD/CAD pair encounters a hurdle as market participants are adjusting to the likelihood of no additional rate hikes by the Fed.FX Street2023-11-23

EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – Euro Gains Ground As Euro Area PMI Reports Exceed Expectations

The stronger-than-expected PMI data has also provided support to the British pound.FXEmpire2023-11-23

USD/CAD Analysis: Rate Approaching Important Support

Bank of Canada Governor Tiff Macklem said yesterday that enough may have been done to curb inflation. As follows from his words, current policies can lead to inflation returning to the target of 2%.Action Forex2023-11-23

USD/CAD trims some of its intraday gains, hovers around 1.3680

USD/CAD continues to lose ground for the third consecutive session, bidding lower near 1.3680 during the Asian hours on Thursday. The USD/CAD pair encounters a hurdle as market participants are adjusting to the likelihood of no additional rate hikes by the Fed.FX Street2023-11-23

USD/CAD to continue to trade in the high 1.30's – MUFG

The Canadian Dollar has underperformed alongside the US Dollar this month. Economists at MUFG Bank analyze Loonie's outlook.FX Street2023-11-22

USD/CAD Price Analysis: Sticks to modest intraday gains above 1.3700, lacks bullish conviction

The USD/CAD pair regains positive traction on Wednesday and holds its neck above the 1.3700 round-figure mark through the first half of the European session.FX Street2023-11-22

Daily Forex News and Watchlist: AUD/CAD

Not feeling like trading the U.S. dollar today? We've got our eyes on AUD/CAD possibly reversing from its short-term trend!Babypips2023-11-22

EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Rebounds After Initial Jobless Claims Report

U.S. job market remains strong, which is bullish for the American currency.FXEmpire2023-11-22

USD/CAD to continue to trade in the high 1.30's – MUFG

The Canadian Dollar has underperformed alongside the US Dollar this month. Economists at MUFG Bank analyze Loonie's outlook.FX Street2023-11-22

USD/CAD Price Analysis: Sticks to modest intraday gains above 1.3700, lacks bullish conviction

The USD/CAD pair regains positive traction on Wednesday and holds its neck above the 1.3700 round-figure mark through the first half of the European session.FX Street2023-11-22

Daily Forex News and Watchlist: AUD/CAD

Not feeling like trading the U.S. dollar today? We've got our eyes on AUD/CAD possibly reversing from its short-term trend!Babypips2023-11-22

EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Rebounds After Initial Jobless Claims Report

U.S. job market remains strong, which is bullish for the American currency.FXEmpire2023-11-22

USD/CAD to continue to trade in the high 1.30's – MUFG

The Canadian Dollar has underperformed alongside the US Dollar this month. Economists at MUFG Bank analyze Loonie's outlook.FX Street2023-11-22

USD/CAD Price Analysis: Sticks to modest intraday gains above 1.3700, lacks bullish conviction

The USD/CAD pair regains positive traction on Wednesday and holds its neck above the 1.3700 round-figure mark through the first half of the European session.FX Street2023-11-22

Daily Forex News and Watchlist: AUD/CAD

Not feeling like trading the U.S. dollar today? We've got our eyes on AUD/CAD possibly reversing from its short-term trend!Babypips2023-11-22

EUR/USD, GBP/JPY, USD/CAD, USD/JPY Forecasts – U.S. Dollar Is Flat Ahead Of FOMC Minutes

Forex markets are calm as traders are waiting for catalysts.FXEmpire2023-11-21

USD/CAD: Loonie may slip a bit on lower headline inflation data – Scotiabank

USD/CAD holds near 1.37 ahead of Canadian Consumer Price Index (CPI) data. Economists at Scotiabank analyze the pair's outlook.FX Street2023-11-21

USD/CAD Remains Rangebound as Canadian CPI Falls More Than Expected. Where to Next?

Bank of Canada will breathe a sigh of relief following a better-than-expected CPI print. The Central Bank will be hoping this is a start of a trend rather than a once off drop as we had in June.DailyFX2023-11-21

EUR/USD, GBP/JPY, USD/CAD, USD/JPY Forecasts – U.S. Dollar Is Flat Ahead Of FOMC Minutes

Forex markets are calm as traders are waiting for catalysts.FXEmpire2023-11-21

USD/CAD: Loonie may slip a bit on lower headline inflation data – Scotiabank

USD/CAD holds near 1.37 ahead of Canadian Consumer Price Index (CPI) data. Economists at Scotiabank analyze the pair's outlook.FX Street2023-11-21

GBP/USD Regains Strength While USD/CAD Weakens

On the hourly chart of GBP/USD at FXOpen, the pair formed a base above the 1.2185 level. The British Pound started a decent increase above the 1.2250 resistance zone against the US Dollar.Action Forex2023-11-20

USD/CAD Price Analysis: The key contention level is seen above 1.3650

USD/CAD Price Analysis: The key contention level is seen above 1.3650FX Street2023-11-20

EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Tests Multi-Month Lows As Pullback Continues

The American currency is under pressure as traders stay focused on the recent changes in Fed policy outlook.FXEmpire2023-11-20

USD/CAD to advance nicely over the coming months – Danske Bank

Economists at Danske Bank maintain a bullish view on USD/CAD on a 3-12M horizon.FX Street2023-11-20

USD/CAD: Bull momentum is weakening – Scotiabank

USD/CAD is little changed on the day. Economists at Scotiabank analyze the pair's outlook.FX Street2023-11-20

GBP/USD Regains Strength While USD/CAD Weakens

On the hourly chart of GBP/USD at FXOpen, the pair formed a base above the 1.2185 level. The British Pound started a decent increase above the 1.2250 resistance zone against the US Dollar.Action Forex2023-11-20

USD/CAD Price Analysis: The key contention level is seen above 1.3650

USD/CAD Price Analysis: The key contention level is seen above 1.3650FX Street2023-11-20

EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Tests Multi-Month Lows As Pullback Continues

The American currency is under pressure as traders stay focused on the recent changes in Fed policy outlook.FXEmpire2023-11-20

USD/CAD to advance nicely over the coming months – Danske Bank

Economists at Danske Bank maintain a bullish view on USD/CAD on a 3-12M horizon.FX Street2023-11-20

USD/CAD: Bull momentum is weakening – Scotiabank

USD/CAD is little changed on the day. Economists at Scotiabank analyze the pair's outlook.FX Street2023-11-20

GBP/USD Regains Strength While USD/CAD Weakens

On the hourly chart of GBP/USD at FXOpen, the pair formed a base above the 1.2185 level. The British Pound started a decent increase above the 1.2250 resistance zone against the US Dollar.Action Forex2023-11-20

USD/CAD Price Analysis: The key contention level is seen above 1.3650

USD/CAD Price Analysis: The key contention level is seen above 1.3650FX Street2023-11-20