GFM Network News


Canadian Financial Close: Canadian dollar remains strong

WINNIPEG, July 11 (MarketsFarm) – The Canadian dollar was slightly up at market close on Thursday. The dollar finished the day at US$0.7651 or US$1=C$1.3071, which compares with Wednesday’s close of US$0.7638 or US$1=C$1.3092. Canada’s main stock index, the Toronto Stock Exchange, moved lower at market close, but the Dow Jones industrial average inched over […] Read more

Canadian dollar and business outlook

By MarketsFarm WINNIPEG, July 11 (MarketsFarm) The Canadian dollar was stronger on Thursday morning. At 8:30 CDT, the Canadian dollar was at US$0.7658 or C$1.3058, which compares with Wednesday’s North American close of US$0.7638 or C$1.3092. Stock markets reacted positively after investors digested United States Federal Reserve Chair Jerome Powell’s testimony to Congress on Wednesday. […] Read more


Canadian Financial Close: Canadian dollar remains on the upswing

By MarketsFarm WINNIPEG, July 10 (MarketsFarm) – The Canadian dollar was slightly up at market close on Wednesday. The dollar finished the day at US$0.7638 or US$1=C$1.3092, which compares with Tuesday’s close of US$0.7618 or US$1=C$1.3127. United States Federal Reserve Chair Jerome Powell testified before Congress today speaking on the country’s economic policy outlook. Powell’s […] Read more

Canadian dollar and business outlook

By MarketsFarm WINNIPEG, July 10 (MarketsFarm) The Canadian dollar was higher on Wednesday morning, following a generally positive global trend set by strong stock indexes. At 8:30 CDT, the Canadian dollar was at US$0.7641 or C$1.3087, which compares with Tuesday’s North American close of US$0.7618 or C$1.3127. Stock markets reacted positively after United States Federal […] Read more


Canadian Financial Close: Canadian dollar softens ahead of Bank of Canada announcement

By MarketsFarm WINNIPEG, July 9 (MarketsFarm) – The Canadian dollar was weaker at market close on Tuesday. The dollar finished the day at US$0.7618 or US$1=C$1.3127, which compares with Monday’s close of US$0.7645 or US$1=C$1.3081. Stephen Poloz, governor of the Bank of Canada, will share his perspective on the current economy on Wednesday. Experts expect […] Read more

Canadian dollar and business outlook

By MarketsFarm WINNIPEG, July 9 (MarketsFarm) The Canadian dollar was weaker on Tuesday morning, following a trend set by flagging global stocks. At 8:30 CDT, the Canadian dollar was at US$0.7617 or C$1.3126, which compares with Monday’s North American close of US$0.7645 or C$1.3081. Stock markets have taken a downturn ahead of United States Federal […] Read more


Canadian Financial Close: Canadian dollar remains strong despite slipping stock indexes

By MarketsFarm WINNIPEG, July 8 (MarketsFarm) – The Canadian dollar was slightly stronger at market close on Monday. The dollar finished the day at US$0.7645 or US$1=C$1.3081, which compares with Friday’s close of US$0.7634 or US$1=C$1.3099. Federal Reserve Chair Jerome Powell will testify before United States Congress on Wednesday, delivering his semi-annual Monetary Policy Report. […] Read more

Canadian dollar and business outlook

By MarketsFarm WINNIPEG, July 8 (MarketsFarm) The Canadian dollar was stronger on Monday morning, following rallying oil prices. At 9:15 CDT, the Canadian dollar was at US$0.7653 or C$1.3061, which compares with Friday’s North American close of US$0.7634 or C$1.3099. Oil prices were stronger on Monday due to tensions regarding Iran’s nuclear program. Gains were […] Read more


Canadian Financial Close: C$ weakens on jobs data

By Commodity News Service Canada WINNIPEG, July 5 (CNS Canada) – The Canadian dollar was weaker on Friday, as the currency reacted to the latest North American jobs data. The Canadian dollar closed at US$0.7634 or US$1=C$1.3099, which compares with Thursday’s close of US$0.7658, or US$1=C$1.3059. Statistics Canada reported net job losses of 2,200 in […] Read more

Canadian dollar and business outlook

WINNIPEG – The Canadian dollar was softer Friday morning, as the currency reacted to the latest North American jobs data. At 8:40 CDT Friday morning the Canadian dollar was at US$0.7633 or C$1.3101 which compares with Thursday’s North American close of US$0.7658 or C$1.3059. Canadian jobs data for June failed to live up to expectations, […] Read more