GFM Network News


Canadian Financial Close: Canadian dollar steady

By MarketsFarm WINNIPEG, Sept. 16 (MarketsFarm) – The Canadian dollar was steady on Monday, amid the largest jump in crude oil prices in nearly 30 years. The dollar finished the day at US$0.7548 or US$1=C$1.3248, which compares with Friday’s close of US$0.7543 or US$1=C$1.3257. Global equities finished mostly in the red today following an attack […] Read more

Canadian dollar and business outlook

By MarketsFarm WINNIPEG (MarketsFarm) – The Canadian dollar was steady Monday morning, as a rally in crude oil provided support for the energy-linked currency. At 9:01 CDT Monday morning the Canadian dollar was at US$0.7545 or C$1.3254 which compares with Friday’s North American close of US$0.7543 or C$1.3257. Attacks on Saudi Arabian crude processing facilities […] Read more


Canadian Financial Close: Loonie continues sliding back

By MarketsFarm WINNIPEG, Sept. 13 (MarketsFarm) – The Canadian dollar was weaker at market close on Friday, hitting a nine-day low as investors prepare for possible interest rate cuts by the United States Federal Reserve. The loonie finished the day at US$0.7543 or US$1=C$1.3257, which compares with Thursday’s close of US$0.7573 or C$1.3205. The Federal […] Read more




Canadian Dollar and Business Outlook: Loonie feeling pressure from declining crude prices

By MarketsFarm WINNIPEG, Sept. 12 (MarketsFarm) – The Canadian dollar was moving downward Thursday morning, as crude oil prices continued to decline. As of 8:40 CDT, the Canadian dollar was at US$0.7572 or C$1.3206. That compares to Wednesday’s North American close of US$0.7587 or C$1.3181. Crude oil prices were lower on Thursday morning as the […] Read more





Canadian Financial Close: Loonie holds steady

By MarketsFarm WINNIPEG, Sept. 10 (MarketsFarm) – The Canadian dollar was virtually unchanged at market close on Tuesday, as increases in housing starts and the price of Canadian crude held off downward pressure. The loonie finished the day at US$0.7603 or US$1=C$1.3153, which compares with Monday’s close of US$0.7602 or C$1.3155. The Canadian Mortgage and […] Read more