GFM Network News



Canadian dollar and business outlook

By MarketsFarm WINNIPEG, July 23 (MarketsFarm) – The Canadian dollar was holding relatively steady Friday morning, seeing some consolidation after posting large price swings earlier in the week. At 8:45 a.m. CDT Friday morning, the Canadian dollar was at US$0.7956 or US$1=C$1.2569 which compares with Thursday’s North American close of US$0.7957 or US$1=C$1.2567. Canadian retail […] Read more


Canadian Financial Close: Loonie, oil prices rise

WINNIPEG– The Canadian dollar moved a little closer to the 80-cent United States mark on Thursday. The loonie was at US$0.7957 or US$1=C$1.2567 on Thursday, up from Wednesday’s close at US$0.7943 or US$1=C$1.2589. The United States Dollar Index was up 0.11 points at 92.87. Benchmark crude oil prices rose for the second straight day. Brent […] Read more

Canadian Dollar and Business Outlook: Bump U.S. unemployment gives boost to loonie

Jobless claims up instead of down

Compiled by Glen Hallick, MarketsFarm WINNIPEG, July 22 (MarketsFarm) – The Canadian dollar was slightly higher on Thursday morning as the United States dollar weakened on poor jobs data. As of 8:40 CDT, the Canadian dollar was at US$0.7955 or C$1.2572 compared to Wednesday’s close of US$0.7943 or C$1.2589. On the U.S. Dollar Index, the […] Read more


Canadian Financial Close: Loonie, commodities rise

WINNIPEG – The Canadian dollar rallied on Wednesday as stocks and commodities rose due to a renewed appetite for risk despite COVID-19 concerns. The loonie was at US$0.7943 or US$1=C$1.2589 on Wednesday, up from Tuesday’s close at US$0.7855 or US$1=C$1.2730. The United States Dollar Index was down 0.19 points at 92.78. Benchmark crude oil prices […] Read more

Canadian dollar and business outlook

By MarketsFarm WINNIPEG, July 21 (MarketsFarm) – The Canadian dollar was stronger Wednesday morning, as gains in crude oil provided some support. At 9:08 a.m. CDT Wednesday morning, the Canadian dollar was at US$0.7915 or US$1=C$1.2634 which compares with Tuesday’s North American close of US$0.7855 or US$1=C$1.2730. After posting losses for most of the past […] Read more



Canadian dollar and business outlook

By MarketsFarm WINNIPEG, July 20 (MarketsFarm) – The Canadian dollar was holding relatively steady Tuesday morning, seeing some consolidation after dropping sharply relative to its United States counterpart on Monday. At 9:04 a.m. CDT Tuesday morning, the Canadian dollar was at US$0.7837 or US$1=C$1.2760 which compares with Monday’s North American close of US$0.7838 or US$1=C$1.2759. […] Read more



Canadian dollar and business outlook

By MarketsFarm WINNIPEG, July 19 (MarketsFarm) – The Canadian dollar was sharply weaker relative to its United States counterpart Monday morning as a number of factors combined to weigh on the currency. At 8:59 a.m. CDT Monday morning, the Canadian dollar was at US$0.7853 or US$1=C$1.2734 which compares with Friday’s North American close of US$0.7941 […] Read more