Sticky Registration Sticky Customer Support

Daily Currency Update

Get access to our expert daily market analysis and discover and track your currency pair using our exchange rate tools.

22 Apr 2021 Yesterday’s “hawkish taper” by the BoC brought USD/CAD right back to the lows
21 Apr 2021 Bank of Canada’s tapering unlikely to affect loonie’s direction
16 Apr 2021 Is the greenback starting to weaken?
15 Apr 2021 USD March retail sales will be today’s driver
13 Apr 2021 US Inflation may provide support to the dollar
09 Apr 2021 Canada employment report in focus
08 Apr 2021 Fed’s accommodative stance will likely weigh on the greenback
07 Apr 2021 Third wave headaches will impact the loonie
06 Apr 2021 Greenback Continues to Remain Supported by Positive Data Flow
01 Apr 2021 Q2 is most likely to be very strong for the US
31 Mar 2021 Its All About Biden’s Infrastructure Plan
30 Mar 2021 Biden’s Infrastructure Plan Likely to Cause Some Ripple Effects Across FX Markets
26 Mar 2021 Q1 Currency Snapshots
25 Mar 2021 CAD Steadies with the Help of Stronger Crude; USDCAD Capped Above 1.26.
24 Mar 2021 USD Gains Broadly as Risk Appetite Slides on Virus Concerns
23 Mar 2021 Reports that President Biden is Laying the Groundwork for a $3TN Infrastructure Package may Weigh on Treasury Bonds
19 Mar 2021 USD Remains Mixed; CAD Soft on Crude Weakness
18 Mar 2021 FOMC Holds the Line
17 Mar 2021 Fed Watch: Likely Continue the Message of “Lower-for-Longer”
16 Mar 2021 Various EU Member States to Suspend AstraZeneca Vaccinations
12 Mar 2021 Canadian Jobs on Tap This Morning
11 Mar 2021 US Treasuries Continue to Remain Vulnerable
09 Mar 2021 Greenback Takes a Breather, All Eyes on BoC Tomorrow
04 Mar 2021 Will Powell Address Treasury Market Sell-off?
03 Mar 2021 Quiet Markets Ahead of Friday’s Payroll Numbers
02 Mar 2021 Greenback Stabilizing But Mixed Ahead of Fed Speakers
26 Feb 2021 Too Much of a Good Thing is a Bad Thing
25 Feb 2021 Greenback’s Decline Becoming More Pronounced
24 Feb 2021 Powell’s Speech Reinforces USD’s Decline
23 Feb 2021 USD Remains Soft Ahead of Powell’s Comments
19 Feb 2021 Greenback Decline Slows; CAD Retail Sales on Deck
18 Feb 2021 The Big Chill Across the US Continues to Affect Energy Production
11 Feb 2021 Fed Remains Committed to Remain Accommodative
10 Feb 2021 US CPI will Remain under Target but Profile May Show Signs of Acceleration
09 Feb 2021 USD Continues Weakening Momentum Against Peer Currencies
05 Feb 2021 Jobs Reports in Both U.S. and Canada to Drive Direction
04 Feb 2021 Greenback Remains Supported…For Now
03 Feb 2021 Resilience to Risk Appetite is Fading
29 Jan 2021 Greenback Starts the Day on the Rise Given the Risk-Off Approach
28 Jan 2021 Cautious Fed Keeping Bearish USD Prospects in Place
27 Jan 2021 Fed Announcement to Dominate Today's FX Direction
26 Jan 2021 The Greenback Continues to Consolidate
22 Jan 2021 The Fed Won’t be the First to Turn Off Their Taps
21 Jan 2021 A Return to Normality Points to Further USD Downside this Year
20 Jan 2021 Security Concerns to Dominate Inauguration Day
19 Jan 2021 Yellen's Confirmation Hearing in the US Senate will Focus on Fiscal Stimulus and the Dollar
18 Jan 2021 FX Week Ahead: Will FX pause for a breath this week?
15 Jan 2021 $1.9 Trn Plan Yet to Prove a Game Changer
14 Jan 2021 Biden’s $2TN Plan Steepens US Yield Curve
13 Jan 2021 The Duration of the USD Rebound Proved Limited
12 Jan 2021 Impeachment Vote may have Somewhat Limited Impact
08 Jan 2021 Market Firmly Convinced of the Dollar Decline
07 Jan 2021 Unedifying Events in Washington Unlikely to Alter FX Trends
06 Jan 2021 The Greenback’s Decline gets a Little More Serious…
05 Jan 2021 High Bar to Reverse the Dollar Bear Trend
04 Jan 2021 USD: A Cautious Beginning to the New Year
22 Dec 2020 Look Forward, Not Back
21 Dec 2020 Driving the Deals Home for Christmas
18 Dec 2020 Two Deals in One Weekend?
17 Dec 2020 USD: No Change in the Downward Trend
16 Dec 2020 FOMC Should Not Interrupt the Dollar Bear Trend
15 Dec 2020 A Day of Calm Before Tomorrow's Fed Meeting
14 Dec 2020 FX Week Ahead: Running out of road
11 Dec 2020 USD weakness - the gift that keeps on giving
10 Dec 2020 The Bank of Canada did not rock the boat at the December meeting
09 Dec 2020 US stimulus talks enough to cap the dollar
08 Dec 2020 Temporary pause in the dollar decline
04 Dec 2020 Today’s NFP release won’t have much impact on the greenback
03 Dec 2020 Dollar rebound short lived on stimulus hopes
02 Dec 2020 Fresh stimulus hopes bode ill for the USD
01 Dec 2020 The USD rebound was short lived
30 Nov 2020 No news is bearish news for the greenback
27 Nov 2020 Another low-volume trading day
26 Nov 2020 A sad Thanksgiving for the dollar
25 Nov 2020 USD continuing its fall from grace
24 Nov 2020 Trump's openness to transition put a cap in the dollar
23 Nov 2020 Zero-sum game
20 Nov 2020 More USD weakness ahead
19 Nov 2020 Further global COVID spikes create additional market risk
18 Nov 2020 USD remains soft in quiet markets
17 Nov 2020 USD: Broad dollar decline continues
16 Nov 2020 USD: Back on a slippery slope
13 Nov 2020 Markets taking a pause for a breath
12 Nov 2020 FX taking a breather after a lively two weeks
10 Nov 2020 A vote in favor of recovery
06 Nov 2020 Has the gridlock rally got legs?
05 Nov 2020 USD: Constrained Biden outcome still negative for medium term USD outlook
04 Nov 2020 Wrong-footed again
03 Nov 2020 US election: timing is everything
02 Nov 2020 The week ahead: Its all about Biden vs. Trump
30 Oct 2020 USD: Another tough day for risk assets
29 Oct 2020 USD: 3.5% equity sell-off causes barely a ripple in FX markets
28 Oct 2020 CAD: Short-lived impact from BoC’s “lower for longer”
27 Oct 2020 FX Daily Snapshot USD fails to follow risk-off
26 Oct 2020 FX Week Ahead: The waiting game
23 Oct 2020 Biden further ahead after debate
22 Oct 2020 Today's focus: Trump vs. Biden debate
21 Oct 2020 A little more fiscal bait from the U.S
20 Oct 2020 Today’s focus – Pelosi’s stimulus deadline
19 Oct 2020 USD: Caught in the middle
16 Oct 2020 US retails on tap this morning
15 Oct 2020 In darker days the greenback benefits
14 Oct 2020 Hints of a second de-rating for EU growth
13 Oct 2020 US CPI on tap today, J&J pause vaccine trials
09 Oct 2020 Jobs recovery to keep CAD momentum going
07 Oct 2020 USD: No fiscal help coming this month…buckle up!
06 Oct 2020 Upbeat mood still relying on US stimulus hopes
05 Oct 2020 Trump’s affliction; FOMC minutes; CAD employment data highlight the week
02 Oct 2020 Another day, another shift in risk appetite
01 Oct 2020 A vision of Biden?
30 Sep 2020 USD edging higher post debate; CA July GDP
29 Sep 2020 Waiting for the markets’ verdict on the debate
28 Sep 2020 The week ahead: Getting into the election mood
25 Sep 2020 Too early to call for an end to the USD run
24 Sep 2020 The bad mix helping the bad dollar
23 Sep 2020 USD firmer; CAD focus – speech from the throne
22 Sep 2020 After yesterday's washout...
21 Sep 2020 Global equities remain under a cloud; USD recovering
18 Sep 2020 Greenback continues to struggle
17 Sep 2020 FOMC barely causes a ripple in USD rates
16 Sep 2020 USD: FOMC to reiterate the lower for longer message
15 Sep 2020 Pushing on strings
14 Sep 2020 Greenback anxieties; FOMC meeting ahead
11 Sep 2020 USD continues to look fragile
10 Sep 2020 ECB meeting; BoC Update today's focus
09 Sep 2020 Limited USD reversal; BoC decision ahead
08 Sep 2020 USD: Escalating election rhetoric
04 Sep 2020 USD: Just a short-term correction
03 Sep 2020 USD: The US currency, everyone else’s problem
02 Sep 2020 Big figures hold dollar losses in check
01 Sep 2020 USD: Nowhere to hide
31 Aug 2020 Canadian dollar update – Monday August 31, 2020. USD continues to struggle
26 Aug 2020 Canadian dollar update – Wednesday August 26, 2020. FX Activity Disappears - Jackson Hole
25 Aug 2020 Canadian dollar update – Tuesday August 25, 2020. US & China reaffirm trade deal.
24 Aug 2020 Canadian dollar update – Monday August 24, 2020. Risk tone improves as Trump fast-tracks COVID-19 vaccine.
21 Aug 2020 Canadian dollar update – Friday August 21, 2020. Canadian retail sales expected to rise a healthy 24.5%.
20 Aug 2020 Canadian dollar update – Thursday August 20, 2020. FOMC minutes a downer.
19 Aug 2020 Canadian dollar update – Wednesday August 19, 2020. Freeland named Finance Minister.
18 Aug 2020 Canadian dollar update – Tuesday August 18, 2020. Bill Morneau gets the boot.
14 Aug 2020 Canadian dollar update – Friday August 14, 2020. This weekend's US/China meeting could cause fireworks!
13 Aug 2020 Canadian dollar update – Thursday August 13, 2020. Greenback continues to slide.
12 Aug 2020 Canadian dollar update – Wednesday August 12, 2020. USD goes for wild ride overnight.
11 Aug 2020 Canadian dollar update – Tuesday August 11, 2020. Greenback opens with gains across the board.
10 Aug 2020 Canadian dollar update – Monday August 10, 2020. Greenback steady to start the week.
07 Aug 2020 Canadian dollar update – Friday August 7, 2020. Greenback grinds out gains...NFP ahead.
06 Aug 2020 Canadian dollar update – Thursday August 6, 2020. US dollar opens flat ahead of tomorrow's non farm payrolls.
05 Aug 2020 Canadian dollar update – Wednesday August 5, 2020. Gold soars, greenback sinks.
04 Aug 2020 Canadian dollar update – Tuesday August 4, 2020. Same old, same old.
31 Jul 2020 Canadian dollar update – Friday July 31, 2020. US dollar poised to end July on a losing note.
30 Jul 2020 Canadian dollar update – Thursday July 30, 2020. Dovish Fed stands pat; 2nd wave COVID-19 fears spook traders.
29 Jul 2020 Canadian dollar update – Wednesday July 29, 2020. US dollar continues to slide into FOMC.
28 Jul 2020 Canadian dollar update – Tuesday July 28, 2020. Greenback dances two-step.
27 Jul 2020 Canadian dollar update – Monday July 27, 2020. There's a run on US dollars and it's getting trampled on.
24 Jul 2020 Canadian dollar update – Friday July 24, 2020. Tit-for-tat US/China spat.
23 Jul 2020 Canadian dollar update – Thursday July 23, 2020. USD on life support?
22 Jul 2020 Canadian dollar update – Wednesday July 22, 2020. Feeding time for US dollar bears!
21 Jul 2020 Canadian dollar update – Tuesday July 21, 2020. USD falls on stupidly high deficits, stimulus spending & COVID-19 resurgence.
20 Jul 2020 Canadian dollar update – Monday July 20, 2020. Still butting heads at the EU summit.
17 Jul 2020 Canadian dollar update – Friday July 17, 2020. EU Summit drops wet blanket on markets.
16 Jul 2020 Canadian dollar update – Thursday July 16, 2020. Glass half empty.
15 Jul 2020 Canadian dollar update – Wednesday July 15, 2020. Hope springs eternal.
14 Jul 2020 Canadian dollar update – Tuesday July 14, 2020. Should you be worried?
10 Jul 2020 Canadian dollar update – Friday July 10, 2020. Traders cautious with US dollar risk-off bid.
09 Jul 2020 Canadian dollar update – Thursday July 9, 2020. If it's too good to be true, it probably isn't.
08 Jul 2020 Canadian dollar update – Wednesday July 8, 2020. Canadian government to drop deficit bomb today.
06 Jul 2020 Canadian dollar update – Monday July 6, 2020. FX markets unimpressed by soaring Chinese equities.
03 Jul 2020 Canadian dollar update – Friday July 3, 2020. US markets closed, FX markets nap.
02 Jul 2020 Canadian dollar update – Thursday July 2, 2020. Jobs, Jobs & Coronavirus.

Currency Chart

Get access to our market experts and sign up to receive the latest updates on any currency with our real-time exchange rate reports.

Sign up to receive the latest market news from our experts.

Daily Currency Updates
Daily Market Analysis
Get daily intelligence and currency reports directly to your inbox.
Weekly FX Technical Analysis
Weekly Technical Analysis
Get our weekly technical analysis providing valuable insights.
Monthly Currency Outlook
Monthly Currency Outlook
Receive our monthly currency report and help improve your forecasts.

By entering your email address you agree to the MTFX Terms Of Use and MTFX Privacy Policy and agree and agree to receive sales and marketing communications. Unsubscribe at anytime.

FAQs

Individuals and businesses who need to send money in foreign currency internationally can use MTFX’s services. The beneficiary of the transfer must have a bank account for the funds to be paid into. Personal clients usually use our services to transfer money between their own accounts in two different countries. Business clients usually use our services to transfer funds to suppliers, fund international operations, or repatriate overseas earnings.
MTFX offers currency exchange rates that are 2-5% better than those offered by the banks. Personal clients usually save hundreds of dollars per transfer and for larger transfers, the savings can run into the thousands. We also offer excellent customer service, dedicated currency specialists, and a 24/7 online platform with best-in-class technology that allows you to complete transfers from any device virtually anywhere in the world. Business customers save with better currency exchange rates and proven solutions geared towards managing and mitigating foreign exchange risk. Our solutions include forward contracts, market orders, rate alert services, and much more - all backed by great technology and great people.
Funds can be transferred via wire transfer, Electronic Funds Transfer (EFT), or ACH payment services. MTFX maintains bank accounts in all major currencies with highly-rated banks. Our banking infrastructure ensures that you can transfer funds to us quickly and securely.
Our global network of banking partners allows us to get funds to virtually anywhere in the world quickly and efficiently. Most wire transfers from MTFX will be received by your beneficiary within 24-48 hours. MTFX also offers same-day transfers that are almost instantaneous, as well as low-cost in-country payment services for your less urgent transfers. For further information please speak to one of our currency specialists.