GFM Network News


Canadian Financial Close: Loonie weaker on Thursday

By MarketsFarm WINNIPEG, Oct. 22 (MarketsFarm) – The Canadian dollar was slightly lower at Thursday’s close. The dollar finished the day at US$0.7609 or US$1=C$1.3142, compared to Wednesday when it closed at US$0.7621 or US$1=C$1.3122. United States stocks were stronger following reports that U.S. jobless claims were lower than expected this week, though the unemployment […] Read more

Canadian dollar and business outlook

By MarketsFarm WINNIPEG, Oct. 22 (MarketsFarm) – The Canadian dollar was slightly weaker on Thursday morning      At 8:35 CDT Thursday morning the Canadian dollar was at US$0.7603 or US$1=C$1.3153, which compares with Wednesday’s North American close of US$0.7621 or US$1=C$1.3122. While the odds of a stimulus package before the United States Presidential Election are […] Read more


Canadian Financial Close: Loonie slightly higher on Wednesday

By MarketsFarm WINNIPEG, Oct. 21 (MarketsFarm) – The Canadian dollar was slightly higher at Wednesday’s close. The dollar finished the day at US$0.7621 or US$1=C$1.3122, compared to Tuesday when it closed at US$0.7612 or US$1=C$1.3138. United States stocks were lower due to prolonged talks regarding another stimulus package during the COVID-19 pandemic. Democratic House Speaker […] Read more

Canadian dollar and business outlook

By MarketsFarm WINNIPEG, Oct. 21 (MarketsFarm) – The Canadian dollar was slightly stronger on Wednesday morning.      At 8:35 CDT Wednesday morning the Canadian dollar was at US$0.7623 or US$1=C$1.3118, which compares with Tuesday’s North American close of US$0.7612 or US$1=C$1.3138. A recent report from Statistics Canada showed Canada’s inflation rate was 0.5 per cent […] Read more



Canadian dollar and business outlook

By MarketsFarm WINNIPEG, Oct. 20 (MarketsFarm) – The Canadian dollar was slightly weaker on Tuesday due to slight losses in crude oil.      At 8:35 CDT Tuesday morning the Canadian dollar was at US$0.7583 or US$1=C$1.3187, which compares with Monday’s North American close of US$0.7596 or US$1=C$1.3165. A recent report on home construction rates in […] Read more



Canadian dollar and business outlook

By MarketsFarm WINNIPEG, Oct. 19 (MarketsFarm) – The Canadian dollar was slightly stronger on Monday, despite slight losses in crude oil and uncertainty in global financial markets.      At 8:30 CDT Monday morning the Canadian dollar was at US$0.7595 or US$1=C$1.3166, which compares with Friday’s North American close of US$0.7580 or US$1=C$1.3192. Recent gains in […] Read more


Canadian Financial Close: C$ weakens

By MarketsFarm WINNIPEG, Oct. 16 (MarketsFarm) – The Canadian dollar was firmer on Friday, seeing a modest correction after Thursday’s losses. The Canadian dollar closed at US$0.7580 or US$1=C$1.3192, which compares with Thursday’s North American close of US$0.7559 or US$1=C$1.3230. Renewed optimism over a possible COVID-19 vaccine provided some support for financial markets on Friday. […] Read more

Canadian dollar and business outlook

By MarketsFarm WINNIPEG, Oct. 16 (MarketsFarm) – The Canadian dollar was slightly firmer Friday morning, seeing a modest correction after Thursday’s losses. At 8:44 CDT Friday morning the Canadian dollar was at US$0.7568 or C$1.3214 which compares with Thursday’s North American close of US$0.7559 or C$1.3230. News that drug giant Pfizer was close to applying […] Read more