GFM Network News


Canadian Financial Close: Canadian dollar remains strong

By MarketsFarm WINNIPEG, Aug. 20 (MarketsFarm) – The Canadian dollar was stronger on Wednesday. The dollar finished the day at US$0.7531 or US$1=C$1.3278, which compares with Friday’s close of US$0.7506 or US$1=C$1.3323. Global equities finished mostly higher, after minutes from the United States Federal Reserve meeting in July showed the central bank’s reticence to cut […] Read more



Canadian Financial Close: Canadian dollar remains around 75 cents

By MarketsFarm WINNIPEG, Aug. 20 (MarketsFarm) – The Canadian dollar was slightly lower on Tuesday, amidst a generally bleak global economic outlook. The dollar finished the day at US$0.7506 or US$1=C$1.3323, which compares with Friday’s close of US$0.7520 or US$1=C$1.3298. Global equities finished lower today due to continued recession concerns. “It’s kind of a choppy […] Read more



Canadian Financial Close: Canadian dollar buoyed by oil values

By MarketsFarm WINNIPEG, Aug. 19 (MarketsFarm) – The Canadian dollar was slightly lower on Monday, despite supportive crude oil values. The dollar finished the day at US$0.7520 or US$1=C$1.3298, which compares with Friday’s close of US$0.7527 or US$1=C$1.3286. Global equities finished higher today despite lingering recession concerns. United States President Donald Trump has indicated that […] Read more




Canadian dollar and business outlook

By MarketsFarm WINNIPEG, Aug. 16 (MarketsFarm) – The Canadian dollar was slightly firmer Friday morning, seeing some consolidation ahead of the weekend. At 8:43 CDT Friday morning the Canadian dollar was at US$0.7518 or C$1.3301 which compares with Thursday’s North American close of US$0.7505 or C$1.3325. After dropping in sympathy with crude oil earlier in […] Read more


Canadian Financial Close: Recession fears continue

By MarketsFarm WINNIPEG, August 15 (MarketsFarm) – The Canadian dollar was lower at market close on Thursday, as concerns of a global recession persisted. The loonie finished the day at US$0.7505 or US$1=C$1.3325, which compares with Tuesday’s close of US$0.7513 or C$1.3311. The TSX/S&P Composite Index was down 33.41 points on Thursday, to close at […] Read more

Canadian dollar and business outlook

By MarketsFarm WINNIPEG, Aug. 15 (MarketsFarm) – The Canadian dollar was holding steady Thursday morning, as investors looked for some fresh direction after Wednesday’s declines. At 9:07 CDT Thursday morning the Canadian dollar was at US$0.7505 or C$1.3324 which compares with Wednesday’s North American close of US$0.7513 or C$1.3311. Crude oil was slightly weaker in […] Read more