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. EUR, GBP, USD & CAD Forecast.

Risk-On Mood, Inflation Drive Greenback Downward

USD - US Dollar

Reports say the Biden administration is set to impose restrictions on American oil companies, as oil and gas production is expected to decrease during Biden’s presidency. Concerns over inflation are weighing on the greenback this morning, as is a dominant risk-on mood. The US Dollar Index sits at a monthly low of 93.60.

CAD - Canadian Dollar

Investors expect energy costs to remain high in the coming months, which is boosting the loonie up over the greenback in the first half of today’s trading in the European currency markets. USD/CAD is hovering around 1.2320.

EUR - Euro

The European Central Bank feels inflation in the Eurozone is transitory, but subdued at its core, but if it continues for much longer, it will likely impact forecasts. EUR/USD is staying in a range just over 1.1650.

GBP - British Pound

GBP continues to trend lower. The Bank of England’s Governor Bailey is expected to discuss UK inflation today in advance of tomorrow’s inflation report. GBP/USD remains rangebound trading in the 1.38 range

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.


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.