GFM Network News



Canadian dollar and business outlook

By MarketsFarm WINNIPEG, April 18 (MarketsFarm) The Canadian dollar was slightly weaker Thursday morning, with concerns over a global economic slowdown behind some of the weakness as investors squared positions ahead of the Easter long weekend. At 8:59 CDT Thursday morning the Canadian dollar was at US$0.7473 or C$1.3382 which compares with Wednesday’s North American […] Read more



Canadian dollar and business outlook

By MarketsFarm WINNIPEG, April 17 (MarketsFarm) The Canadian dollar was stronger Wednesday morning, with solid economic data out of China providing some support for the financial markets in general. At 9:06 CDT Wednesday morning the Canadian dollar was at US$0.7509 or C$1.3317 which compares with Tuesday’s North American close of US$0.7484 or C$1.3361. Retail sales […] Read more


Canadian Financial Close: Canadian dollar weakens along with markets and crude oil

WINNIPEG, April 15 (MarketsFarm) – The Canadian dollar continued to drop on Monday, as stock indexes and crude oil similarly weakened. The Canadian dollar closed at US$.7488 or US$1=C$1.3354, down from Friday’s close of US$.7502 or US$1=C$1.3329. The S&P/TSX Composite Index gained 34.93 points to close at 16,515.46, thanks to gains in material stocks. The […] Read more

Canadian dollar and business outlook

By MarketsFarm WINNIPEG, April 15 (MarketsFarm) The Canadian dollar was posting small gains relative to its United States counterpart Monday morning. At 8:58 CDT Monday morning the Canadian dollar was at US$0.7508 or C$1.3319 which compares with Friday’s North American close of US$0.7502 or C$1.3329. Canadian home sales increased by 0.9 per cent on a […] Read more


Canadian Financial Close: Loonie, markets, oil, gold up to end week

By MarketsFarm WINNIPEG, April 12 (MarketsFarm) – The Canadian dollar was up at market close on Friday due to increases in benchmark crude oil prices. The dollar finished Friday at US$0.7502 or US$1=C$1.3329, which compares with Thursday’s close of US$0.7475 or C$1.3378. Benchmark oil prices were stronger on Friday due tightening global supplies from OPEC/Russia […] Read more