GFM Network News


Canadian Financial Close: Loonie stronger on Thursday

By MarketsFarm WINNIPEG, Aug. 13 (MarketsFarm) – The Canadian dollar was stronger on Thursday. The dollar finished the day at US$0.7566 or US$1=C$1.3212, compared to Wednesday when it closed at US$0.7545 or US$1=C$1.3254. Global stock indices showed mixed performances following news that United States weekly unemployment insurance claims fell below one million, for the first […] Read more

Canadian dollar and business outlook

By MarketsFarm WINNIPEG, Aug. 13 (MarketsFarm) – The Canadian dollar was firmer Thursday morning, touching fresh six-month highs relative to its United States counterpart. At 9:10 CDT Thursday morning the Canadian dollar was at US$0.7568 or C$1.3214 which compares with Wednesday’s North American close of US$0.7545 or C$1.3254. General weakness in the U.S. dollar internationally […] Read more


Canadian dollar and business outlook

By MarketsFarm WINNIPEG, Aug. 12 (MarketsFarm) – The Canadian dollar was stronger Wednesday morning, as gains in crude oil provided some support for the energy-linked currency. At 8:58 CDT Wednesday morning the Canadian dollar was at US$0.7536 or C$1.3266 which compares with Tuesday’s North American close of US$0.7524 or C$1.3291. Crude oil was underpinned amid […] Read more

ICE canola futures: Prices lower on Wednesday morning

By Marlo Glass, MarketsFarm WINNIPEG, Aug. 12 (MarketsFarm) – Intercontinental Exchange (ICE) futures canola contracts were weaker on Wednesday morning, ahead of August’s World Agriculture Supply Demand Estimates (WASDE) from the United States Department of Agriculture (USDA). The WASDE is expected to have a generally bearish influence on the market. Gains in Chicago soyoil prevented […] Read more



Canadian dollar and business outlook

By MarketsFarm WINNIPEG, Aug. 11 (MarketsFarm) – The Canadian dollar was stronger Tuesday morning, moving back above 75 U.S. cents. At 8:54 CDT Tuesday morning the Canadian dollar was at US$0.7520 or C$1.3298 which compares with Monday’s North American close of US$0.7488 or C$1.3354. Optimism over economic stimulus measures in the United States accounted for […] Read more



Canadian dollar and business outlook

By MarketsFarm WINNIPEG, Aug. 10 (MarketsFarm) – The Canadian dollar was slightly firmer Monday morning, with gains in crude oil providing some underlying support for the currency. At 8:58 CDT Monday morning the Canadian dollar was at US$0.7495 or C$1.3342 which compares with Friday’s North American close of US$0.7476 or C$1.3377. Improving manufacturing data out […] Read more


Canadian Financial Close: C$ weakens amid U.S. trade spat

By MarketsFarm WINNIPEG, Aug. 7 (MarketsFarm) – The Canadian dollar was slightly weaker on Friday as trade issues with the United States weighed on the currency. The Canadian dollar closed at US$0.7476 or US$1=C$1.3377, which compares with Thursday’s North American close of US$0.7523 or US$1=C$1.3292. Canada is threatening retaliatory measures after the U.S. announced it […] Read more

Canadian Dollar and Business Outlook: Loonie tumbles ahead of tariff tiff

Trump slaps 10% levy on Cdn. aluminum

By MarketsFarm WINNIPEG, Aug. 7 (MarketsFarm) – The Canadian dollar fell under 75 U.S. cents on Friday morning, ahead of the coming tariff battle between Canada and the United States. As of 9:00 CDT, the Canadian dollar was at US$0.7479 or C$1.3372, compared to Thursday’s close of US$0.7523 or C$1.3292. On Thursday, U.S. President Donald […] Read more