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120 Adelaide St. W. #R7

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Currency Exchange Scarborough

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Today's Forex News

U.S. Dollar Gains Ground As Traders Focus On PMI Data: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The weaker-than-expected Composite PMI report did not put pressure on the American currency.FXEmpire2025-02-21

Canadian Dollar Forecast: USD/CAD Coils Ahead of Trump Tariffs

USD/CAD trades near the monthly low (1.4151) despite the looming Trump tariffs for Canada.Forexcom2025-02-21

USD/CAD Price Forecast: Recovers to near 1.4200

The USD/CAD pair gains to near the key resistance of 1.4200 in European trading hours on Friday. The Loonie pair moves higher after recovering from the three-day low of 1.4166, which it posted on Thursday.FX Street2025-02-21

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 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 Price Forecast: Tests nine-day EMA barrier after breaking above 1.4200

The USD/CAD pair remains steady after registering gains for the last two successive days, trading near 1.4220 during early European hours on Thursday. Technical analysis on the daily chart indicates that the pair has broken above the falling wedge pattern, a bullish formation signaling a potential upward move.FX Street2025-02-20

U.S. Dollar Tests Multi-Week Lows: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

Falling Treasury yields put pressure on the American currency.FXEmpire2025-02-20

USD/CAD declines to near 1.4200 as US Dollar underperforms its peers

The USD/CAD pair falls sharply to near the key level of 1.4200 in North American trading hours on Thursday. The Loonie pair weakens as the US Dollar (USD) underperforms its major peers, with the US Dollar Index (DXY) declining to near 106.70.FX Street2025-02-20

Pound to Canadian Dollar Rate Rangebound despite Positive Market Mood and UK Data

At the time of writing GBP/CAD traded at around CA$1.7922, virtually unchanged from Thursday's opening rate. On Thursday, the Pound (GBP) fluctuated against the majority of its rivals following the release of the UK's latest BRC consumer confidence data.ExchangeRates2025-02-20

USD/CAD Price Forecast: Could test 1.4200 barrier near nine-day EMA

The USD/CAD pair gives up its recent gains from the previous session, trading near 1.4180 during Asian hours on Wednesday. Technical analysis on the daily chart suggests a falling wedge pattern, a bullish formation that suggests a potential breakout to the upside.FX Street2025-02-19

USD/CAD trades with caution as FOMC minutes take centre stage

The USD/CAD pair trades subduedly below 1.4200 in Wednesday's European session. The Loonie pair is slightly down as the US Dollar (USD) ticks lower ahead of the Federal Open Market Committee (FOMC) minutes for the January policy meeting, which will be published at 19:00 GMT.FX Street2025-02-19

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

U.S. dollar continues to move away from multi-week lows.FXEmpire2025-02-19

USD/CAD Analysis: The Canadian Dollar Holds Neutrality After CPI Release

USD/CAD has maintained a strong downward trend in recent sessions, falling by more than 1% over the last five trading days, as the Canadian dollar continues to gain ground.Forexcom2025-02-19

Tariffs continue to be the main driver of USD/CAD – Danske Bank

Today focus in CAD FX turns to the January inflation figures at 14:30 CET , Danske Bank's FX analyst Mohamad Al-Saraf reports.FX Street2025-02-18

USD/CAD Price Forecast: First downside target emerges near 1.4150, eyes on Canadian CPI inflation data

USD/CAD Price Forecast: First downside target emerges near 1.4150, eyes on Canadian CPI inflation dataFX Street2025-02-18

U.S. Dollar Gains Some Ground As Treasury Yields Rise: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

U.S. dollar moved higher as the yield of 10-year Treasuries settled back above the 4.50% level.FXEmpire2025-02-18

USD/CAD Mid-Day Outlook

USD/CAD is staying in tight range above 1.4150 temporary low and intraday bias remains neutral. Deeper decline will remain in favor as long as 1.4378 resistance holds.Action Forex2025-02-18

USD/CAD faces pressure near intraday high of 1.4200 after hot Canadian CPI report

The USD/CAD pair attracts offers near the intraday high of 1.4200 in Tuesday's North American session. The Loonie pair faces pressure as the Canadian Dollar (CAD) discovers buying interest after the release of the Canadian Consumer Price Index (CPI) data for January, which showed that price pressures accelerated.FX Street2025-02-18

USD/CAD edges higher to near 1.4200 ahead of FOMC Minutes

USD/CAD edges higher to near 1.4200 ahead of FOMC MinutesFX Street2025-02-18

USD/CAD remains capped below 1.4200, investors brace for Canadian CPI release

USD/CAD remains capped below 1.4200, investors brace for Canadian CPI releaseFX Street2025-02-17

Canadian Dollar Forecast: USD/CAD Heavy as Tariff Shock Fades, US Data Softens

USD/CAD is under pressure as soft US data and fading tariff fears shift sentiment. With Canada's economy surprising to the upside, is the pair setting up for a deeper unwind?Forexcom2025-02-17

U.S. Dollar Is Flat At The Start Of The Week: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

U.S. dollar lacks momentum in quiet trading on Presidents' Day.FXEmpire2025-02-17

USD/CAD steadies below 1.4200 as USD finds support near two-month low

The USD/CAD pair ticks higher to near 1.4190 in Monday's North American session after rebounding from a two-month low of 1.4150, which it posted on Friday. The Loonie pair edges higher as the US Dollar (USD) gains ground, with the US Dollar Index (DXY) holding the two-month low of 106.60.FX Street2025-02-17

Pound to Canadian Dollar Week Ahead Forecast: GBP/CAD Rises to 1.788, Canadian Inflation Ahead

GBP/CAD fluctuated higher last week as US tariff concerns and UK GDP boosted the pairing. After an initial upside, the Pound (GBP) then faced headwinds at the start of the week as markets priced in more interest rate cuts from the Bank of England (BoE).ExchangeRates2025-02-17

USD/CAD holds steady below 1.4200 ahead of Canadian CPI release

USD/CAD holds steady below 1.4200 ahead of Canadian CPI releaseFX Street2025-02-17

GBPUSD, USDCAD Outlook: Dollar Loses Market Steam

GBPUSD, USDCAD Outlook: Following this year's steep market drop against the US Dollar, a reversal may be developing as the Dollar loses momentum. However, key geopolitical risks from Trump policies cloud a clear confirmation.Forexcom2025-02-17

USD/CAD Price Forecast: Remains subdued below 1.4200 near falling wedge's lower threshold

The USD/CAD pair continues its losing streak for the fourth successive session, trading around 1.4190 during the Asian hours on Friday. The daily chart's technical analysis shows a falling wedge pattern, which is a bullish chart pattern that signals a potential breakout to the upside.FX Street2025-02-14

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

The weaker-than-expected Retail Sales report put significant pressure on the American currency.FXEmpire2025-02-14

USD/CAD posts fresh two-week low near 1.4160 after dismal US Retail Sales data

The USD/CAD pair extends its downside and posts a fresh two-week low near 1.4160 in Friday's North American session. The Loonie pair weakens as the US Dollar (USD) slides further after the release of the poor United States (US) Retail Sales data for January.FX Street2025-02-14

USD/CAD faces pressure above 1.4300 on optimism over Russia-Ukraine peace

The USD/CAD pair falls below the key level of 1.4300 in Thursday's European session. The Loonie pair faces selling pressure as the US Dollar (USD) is underperforming its peers amid risk-on market sentiment.FX Street2025-02-13

USD/CAD slides down to a two-month low around 1.4255 – BBH

USD/CAD dropped to a two-month low around 1.4255 on broad USD weakness , BBH's FX analysts report.FX Street2025-02-13

Pound to Canadian Dollar News: GBP/CAD Rate Firms amid US Metal Tariff Fears

At the time of writing the GBP/CAD exchange rate traded at CA$1.7796. Up roughly 0.2% from Wednesday's opening levels.ExchangeRates2025-02-13

U.S. Dollar Retreats As Traders Focus On Tariff Plans: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

U.S. dollar is under pressure despite higher-than-expected PPI report.FXEmpire2025-02-13

USD/CAD weakens below 1.4200 as investors brace for US Retail Sales data

USD/CAD weakens below 1.4200 as investors brace for US Retail Sales dataFX Street2025-02-13

Market Analysis: GBP/USD Recovers While USD/CAD Takes A Dive

On the hourly chart of GBP/USD at FXOpen, the pair formed a base above the 1.2330 level. The British Pound started a steady increase above the 1.2360 resistance zone against the US Dollar, as discussed in the previous analysis.Action Forex2025-02-12

USD/CAD gathers strength near 1.4300, traders await US CPI release

USD/CAD gathers strength near 1.4300, traders await US CPI releaseFX Street2025-02-12

U.S. Dollar Gains Ground As Inflation Rate Rises To 3%: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The higher-than-expected inflation data provided support to the American currency.FXEmpire2025-02-12

USD/CAD jumps as hot US CPI boosts Fed ‘higher for longer' interest rates bets

The USD/CAD pair climbs to near 1.4340 in North American trading hours on Wednesday. The Loonie pair gains as the US Dollar (USD) strengthens after the release of the United States (US) Consumer Price Index (CPI) report for January, which showed that price pressures rose at a faster-than-expected pace in January.FX Street2025-02-12

USD/CAD is trading at the lower end of the 1.4260-1.4800 range – BBH

USD/CAD is trading at the lower end of its year-to-date 1.4260-1.4800 range, BBH FX analysts report.  FX Street2025-02-12

USD/CAD holds positive ground above 1.4300 as US CPI rises, Oil prices fall

USD/CAD holds positive ground above 1.4300 as US CPI rises, Oil prices fallFX Street2025-02-12

USD/CAD Price Forecast: Holds above 1.4300 ahead of Fed Powell's testimony

The USD/CAD pair trades inside Monday's trading range around 1.4330 in Tuesday's European session. The Loonie pair consolidates as investors await Federal Reserve (Fed) Chair Jerome Powell's testimony before Congress at 15:00 GMT.FX Street2025-02-11

U.S. Dollar Pulls Back As Traders Focus On Powell's Testimony: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

U.S. Dollar Index is heading towards the 108.00 level.FXEmpire2025-02-11

USD/CAD holds below 1.4300 ahead of US CPI release

USD/CAD holds below 1.4300 ahead of US CPI releaseFX Street2025-02-11

USD/CAD Price Forecast: Tests 1.4350 resistance near nine-day EMA

The USD/CAD pair ends its four-day losing streak, trading around 1.4350 during Monday's European session. The daily chart's technical analysis suggests uncertainty among buyers and sellers regarding the asset's long-term direction as the pair consolidates within a rectangular pattern.FX Street2025-02-10

U.S. Dollar Moves Higher At The Start Of The Week: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

Donald Trump's plans to impose 25% tariffs on aluminum and steel imports provide support to the American currency.FXEmpire2025-02-10

USD/CAD gives up majority of intraday gains, outlook remains firm on Trump's tariff threats

The USD/CAD pair surrenders a majority of intraday gains and falls back to near 1.4340 from the intraday high of 1.4380, but is still 0.35% higher in Monday's North American session. The outlook of the Loonie pair remains firm on widening troubles for the Canadian Dollar (CAD).FX Street2025-02-10

GBP/CAD Forecast: Pound Canadian Dollar Exchange Rate Tumbles amid BoE's Dovish Shift

GBP/CAD Exchange Rate Sinks to Two-Week Low The Pound to Canadian Dollar (GBP/CAD) exchange rate fell back last week in response to the Bank of England's (BoE) first interest rate decision of 2025. The GBP/CAD exchange rate closed last week trading at around CA$1.7780.ExchangeRates2025-02-10

USD/CAD gains momentum above 1.4300 ahead of Fed Chair Powell's testimony

USD/CAD gains momentum above 1.4300 ahead of Fed Chair Powell's testimonyFX Street2025-02-10

USD/CAD to trend higher on the current situation – BBH

USD/CAD is stabilizing around key technical support at 1.4300, BBH FX analysts note.FX Street2025-02-07

USD/CAD consolidates in a range around 1.4300 ahead of US/Canadian jobs data

The USD/CAD pair extends its sideways consolidative price move for the third straight day and remains confined in a narrow trading band around the 1.4300 mark through the first half of the European session on Friday. Spot prices, however, manage to hold above the 1.4260 area, or the year-to-date (YTD) low retested on Wednesday, as traders await monthly employment details from the US and Canada before placing fresh directional bets.FX Street2025-02-07

GBP/CAD Forecast: Rising Unemployment to Sink the Canadian in Dollar?

At the time of writing the GBP/CAD exchange rate traded at CA$1.7772. Down roughly 0.6% from Thursday's opening levels.ExchangeRates2025-02-07

U.S. Dollar Gains Ground As Inflation Expectations Increase: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

U.S. dollar moved higher as traders focused on the significant increase in year-ahead inflation expectations.FXEmpire2025-02-07

CAD: Good time to buy the USD on dips – TDS

Tariff risk premia evaporates. Two talking points dominate client discussions — tariffs and positioning, TDS' FX analysts Jayati Bharadwaj and Mark McCormick note.FX Street2025-02-07

USD/CAD drops to near 1.4300 after US-Canada employment data

The USD/CAD pair falls to near 1.4300 in North American trading hours on Friday. The Loonie pair drops after the release of the employment data for January in both the United States (US) and Canada.FX Street2025-02-07

USD/CAD declines after mixed US job report

The USD/CAD pair pulled back to 1.4305 following the release of January's Nonfarm Payrolls (NFP) data, which fell significantly short of expectations. The report showed the US economy added just 143K jobs, well below the 307K forecast, triggering a pullback in the US Dollar.FX Street2025-02-07

USD/CAD Exchange Rate Stabilises

As we reported on 3 February, the decision by the US president to impose 25% tariffs on goods imported from Canada sent the USD/CAD rate soaring to a 22-year high.Action Forex2025-02-06

USDCAD: Rebound

On the H4, USDCAD, after a sharp fall, reached a critical support area and rebounded. DeMarker came out of the oversold zone, which makes a slight rise possible on a break above the AMA.Action Forex2025-02-06

U.S. Dollar Rebounds: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

U.S. dollar gained ground, supported by rising Treasury yields.FXEmpire2025-02-06

GBPCAD Technical Analysis

The USDCAD pair is seeing a slight increase on Thursday, trading around 1.4345 after bouncing from a two-week low of 1.4270. The US Dollar has regained some strength after three days of losses while falling oil prices are putting pressure on the Canadian Dollar.Action Forex2025-02-06

USD/CAD holds positive ground above 1.4300 ahead of US, Canadian labour market data

USD/CAD holds positive ground above 1.4300 ahead of US, Canadian labour market dataFX Street2025-02-06