GFM Network News



Canadian dollar and business outlook

By MarketsFarm WINNIPEG, Dec. 6 (MarketsFarm) The Canadian dollar was weaker Friday morning as disappointing jobs data weighed on values. At 9:20 CST Friday’s morning the Canadian dollar was at US$0.7545 or C$1.3254 which compares with Thursday’s North American close of US$0.7591 or C$1.3174. The Canadian economy lost a surprising 71,200 jobs in November, causing […] Read more



Canadian dollar and business outlook

By MarketsFarm WINNIPEG, Dec. 5 (MarketsFarm) The Canadian dollar was stronger Thursday morning, seeing some follow-through buying interest after Wednesday’s rally. At 8:50 CST Thursday morning the Canadian dollar was at US$0.7594 or C$1.3168 which compares with Wednesday’s North American close of US$0.7563 or C$1.3223. The Bank of Canada’s decision to hold steady on interest […] Read more



Canadian dollar and business outlook

By MarketsFarm WINNIPEG, Dec. 4 (MarketsFarm) The Canadian dollar was slightly firmer Wednesday morning as investors squared positions ahead of the Bank of Canada’s latest interest rate announcement. At 9:01 CST Tuesday morning the Canadian dollar was at US$0.7538 or C$1.3266 which compares with Tuesday’s North American close of US$0.7518 or C$1.3302. The Bank of […] Read more





Canadian dollar and business outlook

By MarketsFarm WINNIPEG, Dec. 2 (MarketsFarm) The Canadian dollar was steady to slightly weaker on Monday morning, as stock indexes started the week on a low note. At 9:00 CST, the Canadian dollar was at US$0.7518 or C$1.3266, which compares with Friday’s North American close of US$0.7525 or C$1.3289. Stocks were lower following a tweet […] Read more

Canadian Financial Close: Canadian dollar steady

By MarketsFarm WINNIPEG, Nov. 29 (MarketsFarm) – The Canadian dollar was steady to finish the week, as the United States Thanksgiving holiday subdued major financial markets. The dollar finished the day at US$0.7525 or US$1=C$1.3289, compared to Thursday when it closed at US$0.7527 or US$1=C$1.3285. Economic data from Statistics Canada indicated that the Canadian economy […] Read more