Custom House Currency Exchange Winnipeg


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47,000+ Customers

200,000+ Transactions

300 Million+ Exchanged



Since 2012

License: M11432814


Branch Information


 

Monday - Friday: 9:00 am - 4:00 pm

 

Saturday & Sunday: Closed

 

downtown@currencymart.net

Today's Forex News

USD/CAD Price Forecast: Tests lower boundary of the ascending channel below 1.3600

USD/CAD trades around 1.3590 during Wednesday's European hours. Analysis of the daily chart suggests a potential weakening of the bullish bias for the USD/CAD pair, as it is testing the lower boundary of the ascending channel pattern.FX Street2024-09-18

USD/CAD trades with modest losses below 1.3600 amid mixed cues, ahead of Fed

The USD/CAD pair attracts fresh sellers during the Asian session on Wednesday and currently trades below the 1.3600 mark, down less than 0.10% for the day. Spot prices, meanwhile, remain confined in a familiar range held over the past week or so as traders keenly await the key central bank event risk before positioning for the next leg of a directional move.FX Street2024-09-18

Pound to Canadian Dollar Rate Weakens despite Disappointing Canadian Inflation

The Canadian Dollar (CAD) resisted headwinds yesterday despite a disappointing inflation release, potentially boosted by rising oil prices. Annualised inflation for the month of August was expected to print at 2.1%, but instead came in at just 2%.ExchangeRates2024-09-18

Additional News:


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)

Walking & Driving Directions


The Tim Hortons at the corner of Fort St. and Graham Ave. has a hallway which is connect to the lobby of the building, then take the stairs to the second floor. We are 2 stores to your left.


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.

Canadian Currency Exchange Market

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.

Winnipeg Currency Exchange Market

The demand of currency exchange in Winnipeg is mainly from agricultural actives, because most farmers sell their grains to United States and get payment by us dollars. In addition, purchasing property, vehicle, pay tuition and travel expense are supplements of the currency exchange market in Winnipeg. In fact, the amount of exchanging USD to CAD is much more than exchanging CAD to USD.

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 volume for a Canadian currency exchange broker. For some province, the percentage is even higher. Currency Mart as a currency exchange dealer, we always keep USD currency in stock for customers demand.

About Custom House- FAQ

Custom House is a Canadian foreign exchange and money transfers company based in Victoria, British Columbia. It was acquired by Western Union in 2009 and now forms part of that company's "Western Union Business Solutions" division. The company was founded in 1992 as a small tourist currency exchange kiosk titled "Custom House Currency Exchange" in Victoria's old waterfront customs house. In 1993, the company opened its first corporate foreign exchange office. After expanding in Canada, it began its US operations in 1997 and an Australian operations in 2000. The company was later renamed "Custom House Global Foreign Exchange", then renamed again to "Custom House". It provided small businesses and individuals with services that included wire transfers, foreign currency drafts, and forward exchange contracts.

Custom House Winnipeg Branch was located at 243 Portage Ave., Winnipeg downtown. In 2009, Western Union bought the company for $370 million USD. Custom House continues to operate in Canada as a wholly owned subsidiary, doing business as Western Union Business Solutions. The owner of Custom House, Peter Gustavson, was from Winnipeg and move to Victoria. In 2012, Western Union sold Custom House Winnipeg Branch to ICE, International Currency Exchange.

Historical Forex News

USD/CAD Price Forecast: Stuck in range below 1.3600 ahead of Canadian CPI/US Retail Sales

The USD/CAD pair extends its sideways consolidative price move on Tuesday and remains confined in a familiar range held over the past week or so. Spot prices, meanwhile, remain below the 1.3600 mark through the early European session amid a bearish US Dollar (USD), though the downside seems cushioned ahead of the key central bank event risk.FX Street2024-09-17

USD/CAD rises to near 1.3600 due to increasing odds of further BoC interest rate cuts

USD/CAD recovers its recent losses registered in the previous session, trading around 1.3600 during Tuesday's Asian hours. The Canadian Dollar (CAD) might have received downward pressure from growing expectations of further interest rate cuts by the Bank of Canada (BoC).FX Street2024-09-17

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

U.S. dollar is moving higher as Retail Sales exceed analyst expectations.FXEmpire2024-09-17

USD/CAD Steady after Canada's CPI Slips to 2%

The Canadian dollar is showing limited movement on Tuesday. Early in the North American session, USD/CAD is trading at 1.3601 at the time of writing, up 0.10% today.Action Forex2024-09-17

USD/CAD jumps to near 1.3600 on soft Canadian CPI, upbeat US Retail Sales

The USD/CAD pair climbs above the round-level resistance of 1.3600 in Tuesday's North American session. The Loonie asset strengthens after the release of the soft Canadian Consumer Price Index (CPI) and upbeat United States (US) Retail Sales data for August.FX Street2024-09-17

GBP/CAD Price Forecast: Nearing upper channel line, bearish divergence

GBP/CAD is trending higher in a rising channel, however, it is close to touching the upper trendline of the channel where it is likely to meet firm resistance and will probably pull back down as a consequence. FX Street2024-09-17

USD/CAD remains below 1.3600 due to improved risk sentiment

USD/CAD edges lower to near 1.3580 during the early European hours on Monday as the US Dollar (USD) received downward pressure amid the rising likelihood of the US Federal Reserve opting for an aggressive 50 basis points rate cut at its upcoming monetary policy meeting scheduled for Wednesday.FX Street2024-09-16

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

The American currency is moving lower as Treasury yields pull back.FXEmpire2024-09-16

USD/CAD trades between tepid gains and losses as outlook for both currencies weighs

USD/CAD trades in the 1.3580s, seesawing between tepid gains and losses as both the US Dollar (USD) and the Canadian Dollar (CAD) weaken due to expectations that interest rates will fall more rapidly in both countries compared to their peers. FX Street2024-09-16

Pound to Canadian Dollar Weekly Outlook: GBP/CAD Exchange Rate Buoyed as Loonie Slumps

At the time of writing, GBP/CAD is trading at C$1.7848, having trended broadly higher in the past seven days. The Canadian Dollar retained strength in the first half of the week, trading up against several currencies and sideways against others.ExchangeRates2024-09-16

USD/CAD steadies below 1.3600 despite weak US Dollar

The USD/CAD pair consolidates inside Thursday's range slightly below the round-level resistance of 1.3600 in Friday's European session. The Loonie asset remains sideways despite sheer weakness in the US Dollar (USD), suggesting that the Canadian Dollar (CAD) is also performing weakly.FX Street2024-09-13

Technical Analysis – USDCAD flirts with 200-day SMA again

USDCAD is moving back and forth of the 200-day simple moving average, which is standing marginally beneath the 1.3600 round number. Earlier in the week, the market successfully travelled towards the 1.3620 bar, adding optimism for more bullish actions.XM2024-09-13

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

U.S. Dollar Index settled near the 101.00 level as traders reacted to Michigan Consumer Sentiment report.FXEmpire2024-09-13

USD/CAD Price Forecast: 1.3600 remains key resistance for US Dollar bulls

The USD/CAD pair trades in a tight range below the round-level resistance of 1.3600 in Friday's North American session. The Loonie asset struggles for direction with investors focusing on the Federal Reserve's (Fed) monetary policy meeting, which is scheduled for Wednesday.FX Street2024-09-13

USD/CAD Price Analysis: 200-day EMA acts as key barrier

The USD/CAD pair trades in a tight range near 1.3570 in Thursday's European session after falling from a three-week high near 1.3620 on Wednesday. The Loonie asset could recover sooner as the US Dollar (USD) trades close to a fresh weekly high, with the US Dollar Index (DXY), which tracks the Greenback's value against six major currencies, trading near 101.80.FX Street2024-09-12

GBP/CAD News: Pound Canadian Dollar Exchange Rate Derailed as UK GDP Stalls

The Pound (GBP) ticked lower against the majority of its peers on Wednesday morning, following the publication of the UK's latest GDP figures. Data released by the Office for National Statistics (ONS) showed that UK economic growth flatlined again in July, missing forecasts for a 0.2% expansion.ExchangeRates2024-09-12

U.S. Dollar Retreats After PPI Data: Analysis For EUR/USD, GBP/USD, USD/CAD, USD/JPY

The higher-than-expected PPI and Core PPI reports did not provide support to the American currency.FXEmpire2024-09-12

US Dollar Forecast: USD/CAD Pushes Above September Opening Range

USD/CAD pushed above the opening range for September to register a fresh monthly high (1.3623), but the exchange rate may consolidate over the remainder of week as it snaps the recent series of higher highs and lows.Forexcom2024-09-12

USD/CAD slides below 1.3600 amid rebounding Oil prices, weaker USD ahead of US CPI

The USD/CAD pair struggles to capitalize on the overnight breakout momentum through the very important 200-day Simple Moving Average (SMA) and retreats from a nearly three-week top, around the 1.3615 area touched earlier this Wednesday. Spot prices extend the steady intraday descent through the first half of the European session and drop to the 1.3590-1.3585 region, or a fresh daily low in the last hour.FX Street2024-09-11

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

U.S. dollar gained some ground as Core Inflation Rate exceeded analyst expectations.FXEmpire2024-09-11

Canadian Dollar Short-term Outlook: USD/CAD Rebound Eyes First Hurdle

The US Dollar has rallied more than 1.3% against the Canadian Dollar with USD/CAD testing technical resistance on the heels of the today's US CPI releases. The focus is on a reaction off this mark with the two-week rally vulnerable while below this pivot zone.Forexcom2024-09-11

USD/CAD: CAD picks up a little ground – Scotiabank

The Canadian Dollar (CAD) is moderately firmer on the session as the USD slips back under 1.36 to the high 1.35s, Scotiabank's Chief FX Strategist Shaun Osborne notes.FX Street2024-09-11

EURCAD Two-Year Bullish Sequence extends from the Blue Box

Hello traders, welcome to another trade review blog post where we discuss setups from the blue box. In this one, we will look at a recent setup on the EURCAD.Action Forex2024-09-11

USD/CAD consolidates above 1.3550 ahead of BoC Macklem's speech, US inflation

The USD/CAD pair stays in a tight range above 1.3550 in Tuesday's European session. The Loonie asset struggles for direction as investors have sidelined ahead of the Bank of Canada (BoC) Governor Tiff Macklem's speech, which is scheduled at 12:25 GMT.FX Street2024-09-10

USD/CAD Price Forecast: Clings to gains above 1.3550 ahead of US inflation, Presidential debate

The USD/CAD pair holds into gains near 1.3550 in Tuesday's North American session. The Loonie asset remains firm as the US Dollar (USD) clings to gains amid uncertainty ahead of the United States (US) presidential debate and the Consumer Price Index (CPI) data for August, which will be published on Wednesday.FX Street2024-09-10

USD/CAD outlook: Loonies tests key resistance as focus turns to US CPI

After initially extending its post-NFP gains on Monday, the US dollar was on the back foot against most major currencies so far in on Tuesday's session. The USD/CAD, however, was a touch firmer at the time of writing.Forexcom2024-09-10

USD/CAD rallies to three-week high as BoC's dovish stance

The USD/CAD rallied to a three-week high above the 200-day moving average (DMA) of 1.3588, gaining 0.36% after bouncing off the daily lows of 1.3553. The rally was weighed by the dovish comments of Bank of Canada (BoC) Governor Tiff Macklem and the drop in oil prices.FX Street2024-09-10

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

The American currency is swinging between gains and losses as traders wait for catalysts.FXEmpire2024-09-10

USD/CAD Price Forecast: Consolidates around 23.6% Fibo., 200-day SMA holds the key for bulls

The USD/CAD pair struggles to capitalize on Friday's strong intraday rally of over 100 pips and oscillates in a narrow trading band, above mid-1.3500s through the first half of the European session on Monday. FX Street2024-09-09

Pound Canadian Dollar (GBP/CAD) 5-Day Forecast: Trends Broadly Higher on BoC Decision Week

... Exchange Rates UK - Exchange Rates and Foreign ExchangeExchangeRates2024-09-09

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

The American currency is moving higher amid lack of strong catalysts.FXEmpire2024-09-09

USD/CAD clings to gains near 1.3550 with US Inflation on horizon

The USD/CAD pair holds onto gains near 1.3550 in Monday's North American session. The Loonie asset trades in a tight range as sheer strength in the US Dollar (USD) has cushioned the downside, while the upside remains restricted by the firm Canadian Dollar (CAD)FX Street2024-09-09

USD/CAD: Little changed on the day – Scotiabank

The CAD is trading close to Friday's closing level and resisting the bounce in the USD that has followed Friday's US jobs data, Scotiabank's Chief FX Strategist Shaun Osborne notes.FX Street2024-09-09

USD/CAD stalls below 1.3600 due to rising oil prices

The USD/CAD was virtually unchanged during the North American session and traded at around 1.3560 as buyers failed to crack the strong resistance seen at the 200-day moving average (DMA) at 1.3588.FX Street2024-09-09

Canadian Dollar Technical Forecast: USD/CAD Battle Lines at Support

USD/CAD rebounded off confluent support last week with the September opening-range now taking shape just above. The focus is on a breakout of this critical range with major event risk on tap this week.Forexcom2024-09-09

Technical Analysis – USDCAD doubts September's upturn

USDCAD started Friday's NFP session with soft negative momentum after a stagnant day, which prevented the pair from examining its weekly high of 1.3564.XM2024-09-06

USD/CAD Price Forecast: Hangs near weekly low, below 1.3500 ahead of US/Canadian jobs data

The USD/CAD pair attracts sellers for the third straight day and remains depressed below the 1.3500 psychological mark, or the weekly low through the early European session on Friday. FX Street2024-09-06

EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Rebounds As Unemployment Rate Drops To 4.2%

U.S. Dollar Index gains ground despite the pullback in Treasury yields.FXEmpire2024-09-06

USD/CAD Slips As U.S. Dollar Struggles Amid Weak Data

On Friday, USD/CAD saw a slight dip of 0.11% as the U.S. dollar struggled to keep pace against its global counterparts.InvestingCube2024-09-06

USD/CAD bounces back strongly to near 1.3500 after US/Canada Employment release

The USD/CAD pair recovers swiftly to near the round-level support of 1.3500 in Friday's American session. The Loonie asset turns volatile after the release of the United States/Canada Employment data for June.FX Street2024-09-06

USD/CAD: CAD drifts around 1.35 – Scotiabank

Canadian jobs data may not matter all that much for the CAD today. The consensus anticipates a “standard” 25k gain in jobs but a small uptick in unemployment (to 6.5%) and still lofty wage growth (4.8%).FX Street2024-09-06

USD/CAD Price Forecast: Holds ground above 1.3500, next barrier appears at nine-day EMA

USD/CAD moves sideways around 1.3510 during European hours on Thursday. Analysis of the daily chart indicates a bearish bias for the USD/CAD pair, as the nine-day Exponential Moving Average (EMA) is positioned below the 14-day EMA.FX Street2024-09-05

USD/CAD holds ground above 1.3500 ahead of US employment data

USD/CAD retraces its recent losses, trading around 1.3510 during the Asian hours on Thursday. The US Dollar (USD) remains solid as traders adopt caution ahead of the release of US ISM Services PMI and Initial Jobless Claims scheduled to be released later in the North American session.FX Street2024-09-05

Pound Canadian Dollar (GBP/CAD) Exchange Rate Trades Higher as BoC Enacts Interest Rate Cut

The Canadian Dollar (CAD) tumbled against Sterling yesterday, yet firmed against the US and Australian Dollars (USD, AUD). The mixed performance followed the Bank of Canada's latest interest rate decision, which took a cautious tone.ExchangeRates2024-09-05

EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Pulls Back As ADP Report Misses Estimates

Forex traders bet on dovish Fed, which is bearish for the American currency.FXEmpire2024-09-05

USD/CAD struggles to hold above 1.3500 amid weak US ADP Employment

The USD/CAD pair faces pressures in holding the psychological support of 1.3500 in Thursday's New York session. The Loonie asset senses selling pressure as the United States (US) Automatic Data Processing (ADP) Employment has surprisingly come in weaker-than-expected.FX Street2024-09-05

USD/CAD ignores Ottawa developments – Scotiabank

The Canadian Dollar (CAD) is unchanged on the session after shrugging off domestic developments with ease yesterday, Scotiabank's Chief FX Strategist Shaun Osborne notes.FX Street2024-09-05

CAD/JPY weakens for third straight day after BoC cuts interest rates, weakness in Oil

CAD/JPY trades a quarter of a percent lower in the 106.10s on Thursday, as the Canadian Dollar (CAD) weakens from a combination of falling Oil prices – crude is the country's largest export – and expectations the Bank of Canada (BoC) will continue cutting interest rates after a 0.25% reduction at its September meeting. Lower interest rates are negative for a currency as they reduce foreign capital inflows.FX Street2024-09-05

USD/CAD consolidates near 1.3550 ahead of BoC's monetary policy decision

The USD/CAD pair trades sideways near 1.3550 in Wednesday's European trading hours. The Loonie asset struggles for direction as investors await the Bank of Canada's (BoC) interest rate decision, which will be announced at 13:45 GMT.FX Street2024-09-04

EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Pulls Back As JOLTs Job Openings Miss Expectations

The weaker-than-expected job market data put pressure on the American currency.FXEmpire2024-09-04

USD/CAD falls below 1.3550 on expected BoC rate cuts, weak US Job Openings

The USD/CAD pair drops sharply below the crucial support of 1.3550 as the Bank of Canada (BoC) reduces its key borrowing rates by 25 basis points (bps) for the third straight time, pushing them lower to 4.25%.FX Street2024-09-04

USD/CAD: BoC to deliver a rate cut – Société Generale

USD/CAD has recently broken the trend line drawn since February resulting in an extended pullback, Société Generale market analysts note.FX Street2024-09-04

USD/CAD rises to near 1.3550 as traders assess ISM Manufacturing PMI

USD/CAD extends its gains for the second consecutive day, trading around 1.3520 during the early European hours on Tuesday. This upside of the USD/CAD pair is attributed to the improved US Dollar (USD) amid decreasing odds of an aggressive interest rate cut by the US Federal Reserve rate in September.FX Street2024-09-03

EUR/USD, GBP/USD, AUD/USD, USD/CAD, Gold, Oil Weekly Technical Outlook

In this webinar we take an in-depth look at the technical trade levels for the US Dollar (DXY), 10yr Treasury Yields, Euro (EUR/USD), British Pound (GBP/USD), Australian Dollar (AUD/USD), Canadian Dollar (USD/CAD), Japanese Yen (USD/JPY), Swiss Franc (USD/CHF), Gold (XAU/USD), CAD/CHF, Crude Oil (WTI), S&P 500 (SPX500), Nasdaq (NDX) and the Dow Jones (DJI). These are the levels that matter on the technical charts heading into the weekly open.Forexcom2024-09-03

EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Gains Ground Despite Weak PMI Data

U.S. Dollar Index is moving higher as traders ignore the pullback in Treasury yields.FXEmpire2024-09-03

USD/CAD Price Forecast: Jumps to near 1.3550

The USD/CAD pair climbs to near 1.3550 in Tuesday's North American session. The Loonie asset gains sharply as the Canadian Dollar (CAD) weakens amid uncertainty ahead of the Bank of Canada's (BoC) monetary policy meeting, which will be announced on Wednesday.FX Street2024-09-03

USD/CAD: BoC policy decision is expected to result in a 25bps – Scotiabank

The Canadian Dollar (CAD) is losing ground in line with the core majors so far today and is outperforming its commodity cousins (AUD and NZD) by a fair margin as a result, Scotiabank's Chief FX Strategist Shaun Osborne notes.FX Street2024-09-03