GFM Network News


Canadian Financial Close: Trade talks resume between United States and China

By MarketsFarm WINNIPEG, June 18 (MarketsFarm) – The Canadian dollar was stronger at Tuesday’s close, as trade talks between the United States and China will resume, which stoked global optimism. The Canadian dollar closed at US$0.7471 or US$1=C$1.3385, up from Monday’s close of US$0.7459 or US$1=C$1.3407. Stock indexes posted gains ahead of the U.S. Federal […] Read more

Canadian dollar and business outlook

By MarketsFarm WINNIPEG, June 18 (MarketsFarm) The Canadian dollar was steady on Tuesday morning. Global stocks remained optimistic following an announcement from the European Central Bank that they may cut rates to stimulate the global economy. At 8:45 CDT Tuesday morning, the Canadian dollar was at US$0.7453 or C$1.3417, which compares with Monday’s North American […] Read more


Canadian Financial Close: Canadian dollar dips ahead of monetary policy announcements

By MarketsFarm WINNIPEG, June 17 (MarketsFarm) – The Canadian dollar was down slightly at Monday’s close, just ahead of monetary policy announcements from the United States Federal Reserve, the Bank of England, and the Bank of Japan. The Canadian dollar closed at US$0.7459 or US$1=C$1.3407, up from Thursday’s close of US$0.7471 or US$1=C$1.3385. Stock indexes […] Read more

Canadian dollar and business outlook

By MarketsFarm WINNIPEG, June 17(MarketsFarm) The Canadian dollar was down on Monday morning, following a muted outlook for global demand for crude oil. At 8:45 CDT Monday morning, the Canadian dollar was at US$0.7455 or C$1.3414, which compares with Friday’s North American close of US$0.7471 or C$1.3385. United States companies were invited to public hearings […] Read more



Canadian dollar and business outlook

By MarketsFarm WINNIPEG, June 14 (MarketsFarm) – The Canadian dollar was weaker Friday morning, as investors reacted to the latest retail sales data out of the United States. At 8:53 CDT Friday morning the Canadian dollar was at US$0.7475 or C$1.3378 which compares with Thursday’s North American close of US$0.7505 or C$1.3324. Retail sales were […] Read more





Canadian dollar and business outlook

By MarketsFarm WINNIPEG, June 12 (MarketsFarm) The Canadian dollar was slightly weaker Wednesday morning as declines in crude oil weighed on the energy-linked currency. At 8:50 CDT Wednesday morning the Canadian dollar was at US$0.7523 or C$1.3293 which compares with Tuesday’s North American close of US$0.7531 or C$1.3278. West Texas Intermediate crude oil was down […] Read more