GFM Network News



Canadian dollar and business outlook

By MarketsFarm WINNIPEG, Oct. 22 (MarketsFarm) The Canadian dollar was slightly lower on Tuesday, as investors digest the results of the country’s federal election. At 8:30 CDT, the Canadian dollar was at US$0.7627 or C$1.3111, which compares with Monday’s North American close of US$0.7636 or C$1.3096. Investors are watching Brexit developments closely as the Oct. […] Read more


Canadian Financial Close: Loonie hits three-month high

By MarketsFarm WINNIPEG, Oct. 21 (MarketsFarm) – The Canadian dollar was higher at market close on Monday, marking the loonie’s highest point in three months with the gains fueled by the federal election. The loonie finished the day at US$07636 or US$1=C$1.3096, which compares with Friday’s close of US$0.7615 or C$1.3132. Canadian voters pick their […] Read more

Canadian dollar and business outlook

By MarketsFarm WINNIPEG, Oct. 21 (MarketsFarm) The Canadian dollar was steady on Monday morning, as Canadians head to the polls to elect a new federal government. At 8:15 CDT, the Canadian dollar was at US$0.7627 or C$1.3111, which compares with Friday’s North American close of US$0.7615 or C$1.3132. Investors are watching Canadian election results closely […] Read more


Canadian Financial Close: Canadian dollar gains on Friday

By MarketsFarm WINNIPEG, Oct. 17 (MarketsFarm) – The Canadian dollar was slightly stronger on Friday, boosted by a comparatively weaker United States dollar. The dollar finished the day at US$0.7615 or US$1=C$1.3132, compared to Thursday when it closed at US$0.7609 or US$1=C$1.3143. United States equities finished the week lower after a weekend of strong performances, […] Read more

Canadian dollar and business outlook

By MarketsFarm WINNIPEG, Oct. 18 (MarketsFarm) The Canadian dollar was steady on Friday morning, as crude oil prices continued to gain strength. At 8:15 CDT, the Canadian dollar was at US$0.7609 or C$1.3143, which compares with Thursday’s North American close of US$0.7609 or C$1.3143. Canadian economists are debating the potential for an upcoming recession. The […] Read more



Canadian Dollar and Business Outlook: Positive manufacturing sales report pushes up loonie

By MarketsFarm WINNIPEG, Oct. 17 (MarketsFarm) – The Canadian dollar was stronger Thursday morning as it found support in Statistics Canada’s manufacturing sales report. As of 8:44 CDT, the Canadian dollar was at US$0.7599 or C$1.3259. That compares to Wednesday’s North American close of US$0.7575 or C$1.3201. Statistics Canada reported manufacturing sales in August rose […] Read more


Canadian Dollar and Business Outlook: Loonie firm as inflation stays put

By MarketsFarm WINNIPEG, Oct. 16 (MarketsFarm) – The Canadian dollar was steady Wednesday morning following Statistics Canada’s latest report on inflation. As of 8:41 CDT, the Canadian dollar was at US$0.7567 or C$1.3214. That compares to Tuesday’s North American close of US$0.7569 or C$1.3211. Statistics Canada reported this morning that the country’s annual inflation rate […] Read more

Canadian Financial Close: Canadian dollar lower on Tuesday

By MarketsFarm WINNIPEG, Oct. 15 (MarketsFarm) – The Canadian dollar was slightly lower following Canada’s Thanksgiving weekend. The dollar finished the day at US$0.7569 or US$1=C$1.3211, compared to Friday when it closed at US$0.7577 or US$1=C$1.3198 U.S. stocks finished higher due to a spate of positive third-quarter results. Investors are watching to see if “phase […] Read more