GFM Network News


Canadian Financial Close: Loonie firm ahead of interest rate announcement

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Jan. 20 (MarketsFarm) – The Canadian dollar was steady at market close on Monday, ahead of the Bank of Canada’s next interest rate announcement on Wednesday. The loonie finished the day at US$0.7661 or US$1=C$1.3053, which compares with Friday’s close of US$0.7656 or C$1.3062. It’s widely expected the central bank will keep […] Read more

Canadian dollar and business outlook

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Jan. 20 (MarketsFarm) – The Canadian dollar was holding near unchanged Monday morning in thin and choppy activity as markets in the United States were closed for Martin Luther King Jr. Day. At 8:56 CST Monday morning the Canadian dollar was at US$0.7655 or C$1.3063 which compares with Friday’s North American close […] Read more


Canadian Financial Close: Canadian dollar slightly lower

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Jan. 17 (MarketsFarm) – The Canadian dollar finished the week slightly lower. The dollar finished the day at US$0.7656 or US$1=C$1.3062, compared to Thursday when it closed at US$0.7666 or US$1=C$1.3045. Stock markets were stronger, remaining around all-time highs due to reports detailing positive economic data. Easing trade tensions between the United […] Read more

Canadian dollar and business outlook

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Jan. 17 (MarketsFarm) The Canadian dollar was slightly lower on Friday, due to comparable strength in the United States dollar. At 9:00 CST, the Canadian dollar was at US$0.7662 or C$1.3051, which compares with Thursday’s North American close of US$0.7666 or C$1.3045. Stocks were higher following reports detailing strong U.S. manufacturing output, […] Read more


Canadian Financial Close: Canadian dollar stable

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Jan. 16 (MarketsFarm) – The Canadian dollar was steady on Thursday. The dollar finished the day at US$0.7666 or US$1=C$1.3045, compared to Wednesday when it closed at US$0.7663 or US$1=C$1.3050. Stock markets were stronger on the heels of the signed phase one trade deal between the United States and China. Additionally, the […] Read more

Canadian dollar and business outlook

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Jan. 16 (MarketsFarm) The Canadian dollar was slightly stronger on Thursday, gaining residual strength from increased crude oil values. At 8:30 CST, the Canadian dollar was at US$0.7665 or C$1.3046, which compares with Wednesday’s North American close of US$0.7663 or C$1.3062. Stocks were stronger following the trade agreement that was signed yesterday […] Read more


Canadian Financial Close: Canadian dollar slightly steady as oil hits lows

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Jan. 15 (MarketsFarm) – The Canadian dollar remained steady on Wednesday, following a freshly-inked trade Phase One trade deal between the United States and China. The dollar finished the day at US$0.7663 or US$1=C$1.3050, compared to Tuesday when it closed at US$0.7656 or US$1=C$1.3062 Stock markets reacted positively to the signed trade […] Read more

Canadian dollar and business outlook

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Jan. 15 (MarketsFarm) The Canadian dollar was slightly lower on Wednesday, ahead of the scheduled signing of Phase One of the trade deal between the United States and China. At 9:00 CST, the Canadian dollar was at US$0.7648 or C$1.3075., which compares with Tuesday’s North American close of US$0.7656 or C$1.3062. Stock […] Read more


Canadian Financial Close: Canadian dollar slightly lower

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Jan. 13 (MarketsFarm) – The Canadian dollar closed lower on Tuesday, despite relative strength in crude oil values. The dollar finished the day at US$0.7656 or US$1=C$1.3062, compared to Monday when it closed at US$0.7664 or US$1=C$1.3048. Stock markets were mixed following an announcement from United States Treasury Secretary Steven Mnuchin and […] Read more

Canadian dollar and business outlook

Reading Time: < 1 minute By MarketsFarm WINNIPEG, Jan. 14 (MarketsFarm) The Canadian dollar was slightly lower on Tuesday, despite solid crude oil futures. At 8:30 CST, the Canadian dollar was at US$0.7648 or C$1.3075., which compares with Monday’s North American close of US$0.7664 or C$1.3048 Stock performances started the day mixed, remaining on the defensive ahead of the official […] Read more