GFM Network News


Canadian dollar and business outlook

By MarketsFarm WINNIPEG, June 25 (MarketsFarm) – The Canadian dollar was firm Tuesday morning, as solid wholesale trade data provided some support for the currency. At 8:51 CDT Tuesday morning the Canadian dollar was at US$0.7595 or C$1.3167 which compares with Monday’s North American close of US$0.7579 or C$1.3194. Canadian wholesale sales were up by […] Read more



Canadian dollar and business outlook

By MarketsFarm WINNIPEG, June 24 (MarketsFarm) The Canadian dollar was firm Monday morning, as recent strength in crude oil helped underpin the energy-linked currency. At 9:06 CDT Monday morning the Canadian dollar was at US$0.7572 or C$1.3207 which compares with Friday’s North American close of US$0.7569 or C$1.3212. Mounting tensions between the United States and […] Read more

Canadian Financial Close: Canadian dollar down

By MarketsFarm WINNIPEG, June 21 (MarketsFarm) – The Canadian dollar was down at Friday’s close, as stock markets cooled after a week of rallies. The Canadian dollar closed at US$0.7569 or US$1=C$1.3212, up from Thursday’s close of US$0.7581 or US$1=C$1.3191. Equities corrected downward after a strong week following monetary policies announcements from the United States […] Read more


Canadian dollar and business outlook

By MarketsFarm WINNIPEG, June 21 (MarketsFarm) The Canadian dollar was steady on Friday morning, as oil prices continue to rise over tension between the United States and Iran. At 8:45 CDT, the Canadian dollar was at US$0.7575 or C$1.3201, which compares with Thursday’s North American close of US$0.7581 or C$1.3191. Iran shot down a United […] Read more



Canadian dollar and business outlook

By MarketsFarm WINNIPEG, June 20 (MarketsFarm) The Canadian dollar was stronger on Thursday morning, following a jump in oil prices. At 8:45 CDT Tuesday morning, the Canadian dollar was at US$0.7598 or C$1.3161, which compares with Tuesday’s North American close of US$0.7495 or C$1.3343. Oil prices surged after reports that Iran shot down a United […] Read more

Canadian Financial Close: Canadian dollar strong along with oil, stocks

By MarketsFarm WINNIPEG, June 19 (MarketsFarm) – The Canadian dollar was stronger at Wednesday’s close, following a generally positive global trade sentiment and strong oil prices. The Canadian dollar closed at US$0.7527 or US$1=C$1.3289, up from Tuesday’s close of US$0.7466 or US$1=C$1.3394. Stock indexes were stronger after the United States Federal Reserve left its key […] Read more


Canadian dollar and business outlook

WINNIPEG, June 19 (MarketsFarm) The Canadian dollar was stronger on Wednesday morning, following an announcement from Statistics Canada that inflation increased in May. At 8:45 CDT Tuesday morning, the Canadian dollar was at US$0.7486 or C$1.3358, which compares with Tuesday’s North American close of US$0.7466 or C$1.3394. Statistics Canada announced that inflation increased quicker than […] Read more

Canadian Financial Close: Trade talks resume between United States and China

By MarketsFarm WINNIPEG, June 18 (MarketsFarm) – The Canadian dollar was stronger at Tuesday’s close, as trade talks between the United States and China will resume, which stoked global optimism. The Canadian dollar closed at US$0.7471 or US$1=C$1.3385, up from Monday’s close of US$0.7459 or US$1=C$1.3407. Stock indexes posted gains ahead of the U.S. Federal […] Read more