GFM Network News


Canadian dollar and business outlook

By MarketsFarm WINNIPEG, Feb. 25 (MarketsFarm) The Canadian dollar was holding steady Tuesday morning, as global equity markets stabilized after Monday’s selloff. At 9:02 CST Monday morning the Canadian dollar was at US$0.7529 or C$1.3282 which compares with Monday’s North American close of US$0.7531 or C$1.3279. Mounting concerns over the COVID-19 coronavirus remained a feature […] Read more



Canadian dollar and business outlook

By MarketsFarm WINNIPEG, Feb. 24 (MarketsFarm) The Canadian dollar was weaker Monday morning, as increased fears over the COVID-19 coronavirus outbreak weighed on financial markets. At 9:06 CST Monday morning the Canadian dollar was at US$0.7535 or C$1.3271 which compares with Friday’s North American close of US$0.7562 or C$1.3224. New cases of the COVID-19 virus […] Read more

Canadian Financial Close: Loonie gains on U.S. greenback

Oil, stocks down on coronavirus fears

By MarketsFarm WINNIPEG, Feb. 21 (MarketsFarm) – The Canadian dollar was slightly higher at market close on Friday, as the United States dollar slipped today after a week of gains. The loonie finished the day at US$0.7562 or US$1=C$1.3224, which compares with Thursday’s close of US$0.7545 or C$1.3254. Benchmark crude oil prices were lower on […] Read more



Canadian Financial Close: Loonie dips against strengthening U.S. greenback

Crude oil prices make small gains

By MarketsFarm WINNIPEG, Feb. 20 (MarketsFarm) – The Canadian dollar was slightly lower at market close on Thursday, as the United States dollar continued to gain strength. The loonie finished the day at US$0.7545 or US$1=C$1.3254, which compares with Wednesday’s close of US$0.7558 or C$1.3231. The U.S. greenback has been on the rise lately as […] Read more



Canadian Financial Close: Fewer new coronavirus cases boosts oil

Stocks rise on tech gains

By MarketsFarm WINNIPEG, Feb. 19 (MarketsFarm) – The Canadian dollar was higher at market close on Wednesday, due to gains in crude oil prices. The loonie finished the day at US$0.7558 or US$1=C$1.3231, which compares with Tuesday’s close of US$0.7543 or C$1.3258. Benchmark crude oil prices were stronger on Wednesday as another drop in the […] Read more