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Today's Forex News

USD/CAD sticks to modest recovery gains, remains below 1.3700 ahead of US data

USD/CAD sticks to modest recovery gains, remains below 1.3700 ahead of US dataFX Street2024-04-24

USD/CAD Daily Outlook

Intraday bias in USD/CAD remains neutral for the moment with focus on 1.3660 support. Strong rebound from current level will retain near term bullishness.Action Forex2024-04-24

EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Gains Ground As Durable Goods Orders Beat Expectations

USD/JPY has finally managed to settle above the key 155.00 level.FXEmpire2024-04-24

Additional News:



Currency Exchange Ste Anne - FAQ

Currency exchange in Ste Anne is limit to banks or credit unions, kiosks and dealers. Shopping around for currency exchange service if the exchange amount is over $500 Canadain for most customers. Make sure to compare rate at the same time, ask fee structure beside exchange and inquire about time frame to settle the fund.

Each currency exchange dealers, which include banks, credit unions and other dealers, offer similar but different rate. The difference is getting more significantly, when the exchange amount is getter larger, such as over $10,000 Canadian dollar. Shop around is still the best way to get the best currency exchange rate. Please make sure when you compare the rate, ask when the money will be available, what is other fees. The general idea is the more convenient locaiton, the worse rate applied.

Ste. Anne, or Sainte-Anne-des-Chênes, is a town in Manitoba, located about 42 km southeast of Winnipeg. The population was 2,114 in 2016, 1,524 in 2011, and 1,513 in 2011. It is known for being located on the Seine River and at the heart of the Old Dawson Trail. The town is surrounded by the Rural Municipality of Ste. Anne.

Originally known as "La Pointe-des-Chênes", which roughly translates to "The Point of the Oak Trees", Ste. Anne was the first parish established in the area, dating back to 1856, when the territory was a part of Rupert's Land. The early settlers, French-speaking Habitants from Canada East, arrived looking for farmland. The first 198 families in the community busied themselves with their first major industry, supplying lumber for the construction of the St. Boniface Cathedral. The Hudson's Bay Company also had a strong presence in the community in the 1800s. Ste. Anne served as a stopover for weary travelers on their journey to Winnipeg, along the famed Dawson Trail. In June 1959, Ste. Anne experienced the worst flood in its history. Water rose at a rate visible by eye, and the Ste. Anne Hospital was evacuated. In 1960, the Seine River diversion project was completed to prevent future floods.

Ste. Anne is situated just east of the longitudinal centre of Canada (near the geographical centre of North America), and approximately 80 kilometres (50 mi) north of the border with the United States. It is near the eastern edge of the Canadian Prairies. It is surrounded by rich agricultural land to the west, and the boreal forest to the east. The Seine River runs through the middle of town. The tree-lined river is very picturesque and gives the area a beautiful naturalist look. The closest urban area with over 500,000 people is Winnipeg, approximately 40 kilometres (25 mi) west of Ste. Anne. Ste. Anne has an extreme continental climate (Köppen climate classification Dfb). Ste Anne is approximately 250 kilometres (160 mi) northwest of International Falls, Minnesota, which according to USA Today is the coldest place in the continental USA. Summers are short and cool, with only three months (June to August) when the average high temperature exceeds 20 °C (68 °F). Even during the summer months, evening and night temperatures are quite cool, for example the average low in July is 13 °C (55 °F). Spring and autumn are highly variable seasons, but generally very cool. On average there are only 110 frost-free days per year. Winters are best described as extremely long and bitterly cold, with snow cover generally from November to March. According to Environment Canada, the daily average high temperatures range from -13 °C (9 °F) to 26 °C (79 °F), and average low temperatures range from -23 °C (-9 °F) to 13 °C (55 °F). The weather is characterized by an abundance of sunshine throughout the year. July is the sunniest month, and November the least sunny.

Historical Forex News

USD/CAD Price Analysis: Remains subdued near 1.3700 as US Dollar slips

The USD/CAD pair remains feeble near the round-level support of 1.3700 in Tuesday's European session. The Loonie asset comes under pressure as the US Dollar drops amid improvement in the risk appetite of the market participants.FX Street2024-04-23

EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Pulls Back As Composite PMI Misses Expectations

The weaker-than-expected PMI data put pressure on the American currency.FXEmpire2024-04-23

U.S. Dollar Price Action Setups: EUR/USD, USD/JPY, Gold, USD/CAD

The U.S. Dollar continues to pull back from the prior gap that came in as resistance last week. At the time, RSI on the daily chart had flared into overbought territory, and this isn't a very common occurrence as the last instance of such showed just before the currency had topped in Q4 of last year.Forexcom2024-04-23

USD/CAD Price Analysis: Extends losing spell for fourth trading session

The USD/CAD pair continues its losing streak for the fourth trading session on Monday. The Loonie asset drops to 1.3720 as investors have underpinned the Canadian Dollar against the US Dollar despite multiple headwinds.FX Street2024-04-22

EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Is Mostly Flat At The Start Of The Week

U.S. dollar stabilized near multi-month highs as traders remained focused on the recent changes in Fed policy outlook.FXEmpire2024-04-22

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

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

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

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

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

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

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

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

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

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

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

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

USD/CAD backtracks after strong rally in April

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

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

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

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

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

USD/CAD falls sharply to 1.3800 despite multiple tailwinds

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

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

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

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

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

USD/CAD climbs above 1.3800 after mix Canadian Inflation data

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

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

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

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

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

EUR/USD, GBP/USD, USD/CAD, USD/JPY Forecasts – U.S. Dollar Gains Ground As Retail Sales Exceed Expectations

USD/JPY settled above the 154.00 level as the rally continued.FXEmpire2024-04-15

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

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

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

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

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

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

USD/CAD approaches 1.3750 as Fed to delay rate cuts

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Technical Analysis – AUDCAD rebounds strongly from uptrend line

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

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

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

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

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

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

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