GFM Network News


Canadian dollar and business outlook

By MarketsFarm WINNIPEG, Feb. 26 (MarketsFarm) The Canadian dollar was holding steady Wednesday morning, lacking any clear direction. At 9:11 CST Wednesday morning the Canadian dollar was at US$0.7530 or C$1.3281 which compares with Tuesday’s North American close of US$0.7530 or C$1.3281. Crude oil hit its lowest level in just over a year in early […] Read more

Canadian Financial Close: Markets tumble again on coronavirus fears

Loonie holds firm amid calamity

By MarketsFarm WINNIPEG, Feb. 25 (MarketsFarm) – The Canadian dollar was virtually unchanged at market close on Tuesday, despite huge downward pressure from the futures markets. Investors turning away from weaker economies provided a counter influence. The loonie finished the day at US$0.7530 or US$1=C$1.3281, which compares with Monday’s close of US$0.7531 or C$1.3279. Coronavirus […] Read more


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