GFM Network News


Canadian Financial Close: Canadian dollar steady into the weekend

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Dec. 13 (MarketsFarm) – The Canadian dollar finished the week steady, as a signed trade deal between the United States and China briefly shook financial markets. The dollar finished the day at US$0.7586 or US$1=C$1.3182, compared to Thursday when it closed at US$0.7586 or US$1=C$1.3182. Stock markets finished mostly in the green […] Read more

Canadian Financial Close: Canadian dollar slightly stronger

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Dec. 12 (MarketsFarm) – The Canadian dollar was slightly stronger on Thursday, buoyed by global optimism for a trade deal between the United States and China. The dollar finished the day at US$0.7586 or US$1=C$1.3182, compared to Wednesday when it closed at US$0.7575 or US$1=C$1.3201. Stock markets finished stronger following reports that […] Read more


Canadian Dollar and Business Outlook: Oil creates small gain for loonie

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Dec. 12 (MarketsFarm) – The Canadian dollar rose slightly Thursday morning, as world benchmark crude oil prices inched upward. As of 8:44 CST, the Canadian dollar was at US$0.7588 or C$1.3176. That compares to Wednesday’s North American close of US$0.7575 or C$1.3201. Crude oil prices were slightly higher Wednesday morning, as OPEC’s […] Read more

Canadian Financial Close: Canadian dollar slightly stronger

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Dec. 11 (MarketsFarm) – The Canadian dollar was stronger on Wednesday, thanks to a comparatively weaker United States dollar following an announcement that the U.S. Federal Reserve will hold interest rates steady into 2020. The dollar finished the day at US$0.7575 or US$1=C$1.3201, compared to Tuesday when it closed at US$0.7557 or […] Read more


Canadian Dollar and Business Outlook: Loonie holds firm prior to Fed announcement

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Dec. 11 (MarketsFarm) – The Canadian dollar was steady Wednesday morning, as it continues to budge very little either way ahead of today’s interest rate announcement by the United States Federal Reserve. As of 8:50 CST, the Canadian dollar was at US$0.7561 or C$1.3226. That compares to Tuesday’s North American close of […] Read more

Canadian Financial Close: Canadian dollar firm

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Dec. 10 (MarketsFarm) – The Canadian dollar was steady on Tuesday, despite a dip in global stock indexes. The dollar finished the day at US$0.7557 or US$1=C$1.3233, compared to Monday when it closed at US$0.7556 or US$1=C$1.3235. Stock markets closed lower for a second consecutive day ahead of the United States Federal […] Read more


Canadian Dollar and Business Outlook: Loonie firm ahead of tweaks to trilateral deal

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Dec. 10 (MarketsFarm) – The Canadian dollar was steady Tuesday morning, as officials meet in Mexico City to make some alterations to the U.S.-Mexico-Canada Agreement (USMCA). As of 8:50 CST, the Canadian dollar was at US$0.7554 or C$1.3233. That compares to Monday’s North American close of US$0.7556 or C$1.3235. Canadian officials, along […] Read more

Canadian Financial Close: Canadian dollar slightly stronger

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Dec. 9 (MarketsFarm) – The Canadian dollar was slightly higher at the start of the week, despite a weak day for global stock indexes. The dollar finished the day at US$0.7556 or US$1=C$1.3235, compared to Friday when it closed at US$0.7544 or US$1=C$1.3255. Stock markets closed lower despite November’s “monster” jobs report. […] Read more



Canadian Financial Close: Loonie drops after poor jobs report

Reading Time: 2 minutes By MarketsFarm WINNIPEG, Dec. 6 (MarketsFarm) – The Canadian dollar was weaker at market close on Friday, as Statistics Canada reported the largest job losses since the recession of 2008-09. The loonie finished the day at US$0.7544 or US$1=C$1.3255, which compares with Thursday’s close of US$0.7591 or C$1.3174. Statistics Canada said the country lost more […] Read more