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120 Adelaide St. W. #R7

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Currency Exchange Scarborough

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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)

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CAD or USD cheque
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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 Shearton 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 activies, 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 Market of Scarborough Area

Currency exchange in Scarborough area is lack of competiton, since most foreign exchange dealers are in Toronto downtow or Yonge St. area.

Currency Exchange Rate

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

USD CAD

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

Currency Exchange in Scarborough: Your Ultimate Guide to Rates, Services, and Tips

Currency exchange is a vital aspect of international travel, business transactions, and personal financial management. When it comes to currency exchange in Scarborough, finding the best rates and reliable services is crucial. This comprehensive guide aims to provide you with valuable insights and tips to navigate the currency exchange landscape in Scarborough effectively. Whether you're a traveler or a local resident, understanding where to find competitive rates, trustworthy providers, and essential considerations will ensure you get the most out of your currency exchange transactions. In this article, we will cover the top currency exchange options in Scarborough, factors to consider when selecting a provider, tips for obtaining the best rates, and frequently asked questions to address any concerns you may have.

Scarborough, as a diverse and multicultural city, attracts a significant number of international travelers and businesses. Currency exchange plays a pivotal role in ensuring smooth transactions and financial management. Understanding the importance of competitive exchange rates, reliable services, and security measures will help you make informed decisions when exchanging your currency in Scarborough.

This section will explore the best currency exchange options available in Scarborough. We will discuss various providers such as banks, currency exchange bureaus, online platforms, and alternative options like specialized agencies or kiosks. Each option's advantages, disadvantages, exchange rate transparency, fees, and customer reviews will be examined to assist you in choosing the right currency exchange provider.

Selecting the right currency exchange provider is essential to ensure a smooth and reliable experience. This section will outline crucial factors to consider, including exchange rate competitiveness, fees and commissions, licenses and security measures, customer service, convenience, and location accessibility. By evaluating these factors, you can confidently choose a provider that meets your specific needs.

Getting the best currency exchange rates in Scarborough requires a strategic approach. This section will provide you with valuable tips to optimize your currency exchange transactions. Topics covered will include monitoring exchange rate trends, choosing the optimal time to exchange currency, minimizing fees and commissions, considering alternative options, utilizing online rate comparison tools, and negotiating rates when feasible.

This section will address common questions and concerns related to currency exchange in Scarborough. Topics covered will include identification requirements, transaction limits, recommended practices for carrying and exchanging currency, exchanging large sums, and handling less common or exotic currencies. By addressing these frequently asked questions, we aim to provide clarity and guidance for a seamless currency exchange experience.

Currency exchange is a vital aspect of international transactions, and finding the best rates and services in Scarborough is essential for optimizing your financial transactions. By considering the factors discussed in this guide and utilizing the provided tips, you can make informed decisions and secure competitive rates. Remember to thoroughly research different currency exchange providers, compare rates, and stay informed about market trends to ensure you receive the best value for your money. Whether you're a traveler or a local resident, the insights and tips provided in this guide will empower you to navigate the currency exchange landscape in Scarborough with confidence.

Currency Exchange Scarborough

Currency exchange is an important aspect of international business and travel. Whether you are traveling to another country, buying or selling goods or services internationally, or simply exchanging money for personal reasons, finding a reliable currency exchange service is essential. For those living in or traveling to Scarborough, Canada, it is important to know where to find the best currency exchange services in the area. In this article, we will provide an overview of the currency exchange market in Scarborough, including the top currency exchange services in the area.

Going to Toronto downtown will get you the best rate compare to Scarborough area.

One of the key factors that distinguish currency exchange providers in Scarborough is their exchange rates. Exchange rates are the prices at which one currency can be exchanged for another, and they can vary widely between different providers. Some providers offer better rates than others, which can result in significant savings for those exchanging large amounts of money.

Top Currency Exchange Services in Scarborough

  • Continental Currency Exchange is one of the most well-known currency exchange providers in Scarborough. With multiple locations throughout the city, they offer a wide range of currencies at competitive exchange rates. They also offer a variety of other financial services, including wire transfers, foreign drafts, and money orders. Continental Currency Exchange has a reputation for excellent customer service, and they are open seven days a week to accommodate customers' needs.
  • Interchange Financial is another popular currency exchange provider in Scarborough. They offer competitive exchange rates and a wide range of currencies, as well as other financial services like wire transfers and prepaid cards. Interchange Financial has been operating in Canada since 1996 and has a reputation for reliable and efficient service.
  • Calforex Currency Exchange has two locations in Scarborough and offers a variety of currencies at competitive exchange rates. They also offer other financial services, including wire transfers, foreign drafts, and traveler's cheques. Calforex Currency Exchange has a reputation for fast and efficient service, and they are open seven days a week to accommodate customers' needs.
  • TD Canada Trust is a popular bank in Canada that also offers currency exchange services. While their exchange rates may not always be the most competitive, they offer a wide range of currencies and the convenience of being able to exchange money at a bank branch. They also offer other financial services, including wire transfers and foreign drafts.
  • Global Currency Services is a smaller currency exchange provider in Scarborough that offers competitive exchange rates and a wide range of currencies. They also offer other financial services, including wire transfers and traveler's cheques. Global Currency Services has a reputation for friendly and efficient service, and they are open seven days a week to accommodate customers' needs.

In conclusion, finding a reliable currency exchange provider in Scarborough is essential for those traveling internationally or conducting business with foreign entities. The top currency exchange providers in the area offer competitive exchange rates, a wide range of currencies, and other financial services to meet the needs of customers. Whether you choose Continental Currency Exchange, Interchange Financial, Calforex Currency Exchange, TD Canada Trust, or Global Currency Services, you can be confident that you are getting

Scarborough is a vibrant and diverse community located in the eastern part of Toronto, Ontario. With a population of over 650,000 people, Scarborough is one of the most populous areas in Toronto and is home to people from all walks of life. In this article, we will explore the history, culture, attractions, and lifestyle of Scarborough, providing a comprehensive guide to this exciting neighborhood.

  • History: Scarborough was originally a collection of rural villages and farmland, but it began to develop into a suburban community in the 1950s and 60s as Toronto's population began to grow rapidly. In 1998, Scarborough was amalgamated with the City of Toronto, becoming one of its six boroughs. Today, Scarborough is a diverse and multicultural community, with a rich history that is reflected in its architecture, landmarks, and cultural events. Visitors can explore the area's history by visiting local museums, galleries, and historical sites, such as the Scarborough Historical Museum and the Guild Inn Gardens.
  • Culture: Scarborough is home to a vibrant and diverse cultural scene, with a range of events, festivals, and artistic activities that showcase the area's multicultural heritage. The Scarborough Arts Council is an important organization in the area, supporting local artists and promoting the arts in the community. One of the most popular cultural events in Scarborough is the Scarborough Afro-Caribbean Festival, which takes place each summer and celebrates the music, food, and culture of the African and Caribbean communities in the area. The Scarborough Ribfest is another popular event, featuring live music, carnival rides, and, of course, delicious barbecued ribs.
  • Attractions: Scarborough is home to a range of attractions that appeal to visitors of all ages and interests. For those interested in outdoor activities, there are several beautiful parks in the area, including Rouge Park, which is the largest urban park in North America. The Toronto Zoo is also located in Scarborough, offering visitors the chance to see a wide range of animals from around the world. For those interested in shopping, Scarborough is home to several large shopping malls, including Scarborough Town Centre, which features over 250 stores, restaurants, and entertainment venues. The Agincourt Mall is another popular shopping destination, featuring a variety of stores and restaurants.
  • Lifestyle: Scarborough is a diverse community with a high quality of life. The area is known for its safe neighborhoods, good schools, and affordable housing, making it an attractive place to live for families and young professionals alike. In addition to its many parks and outdoor spaces, Scarborough is also home to several community centers, offering a range of activities and programs for residents of all ages. The Birchmount Community Centre, for example, features a swimming pool, fitness center, and sports facilities, as well as a range of programs and activities for children and adults.

In conclusion, Scarborough is a vibrant and diverse community with a rich history, vibrant culture, and a range of attractions and activities to suit visitors of all ages and interests. Whether you are interested in exploring the area's history and cultural heritage, enjoying the outdoors, or simply relaxing and enjoying the community's many amenities, Scarborough has something to offer everyone.

Historical Forex News

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

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

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

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

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

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

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

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

U.S. Dollar Rebounds As CB Consumer Confidence Beats Estimates: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The American currency managed to move away from multi-week lows.FXEmpire2025-05-27

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

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

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

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

GBP/USD Rallies While USD/CAD Declines Steadily

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

U.S. Dollar Rebounds From Session Lows As Trump Delays Tariffs On EU: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

President Trump delayed 50% tariffs on the European Union until July 9.FXEmpire2025-05-26

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

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

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

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

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

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

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

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

USD/CAD Rate Drops Towards Yearly Lows

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

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

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

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

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

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

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

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

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

USD/CAD holds ground, weak Canadian data caps losses

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

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

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

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

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

Canadian Dollar Forecast: USD/CAD Rejected at Key Resistance

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Canadian Dollar Forecast: USD/CAD Fight at 1.4000

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

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

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

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

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

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

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

USD/CAD extends consolidation ahead of US Consumer Sentiment data

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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