Canada Ivey PMI s.a
The monthly indicator of economic activity that is compiled by the Ivey Business School at Western University and evaluates the fluctuation in economic activity from month to month as suggested by a panel of purchasing managers from throughout Canada is referred to as the Ivey Buying Managers Index (PMI). Upon being provided with month-end statistics, members of the Ivey PMI panel are asked whether their organization's activity is higher, the same as, or lower than it was the previous month of the following categories: purchasing, personnel, inventory, supplier deliveries, and pricing. Both the public and private sectors are represented in the PMI. A headline number of more than 50 indicates an increase in purchases over the previous month, while a headline value less than 50 shows a fall in purchases over the previous month.
A higher than expected figure should be seen as positive (bullish) for the CAD while a lower than expected figure should be seen as negative (bearish) for the CAD.
Forex Sentiment (CAD)
| Symbol | Community Trend (Shorts vs Longs) | Symbol Popularity | Avg. Short Price / Distance From Price | Avg. Long Price / Distance From Price | Current Price | |
|---|---|---|---|---|---|---|
| USDCAD |
|
|
1.3679 -12 pips |
1.3720 -29 pips |
1.36908 | |
| AUDCAD |
|
|
0.9023 -36 pips |
0.9120 -61 pips |
0.90587 | |
| CADJPY |
|
|
109.5015 -71 pips |
113.2498 -304 pips |
110.207 | |
| EURCAD |
|
|
1.4853 -164 pips |
1.4890 +127 pips |
1.50170 | |
| GBPCAD |
|
|
1.7480 -59 pips |
1.7620 -81 pips |
1.75394 | |
| NZDCAD |
|
|
0.8276 +132 pips |
0.8228 -84 pips |
0.81442 | |
| CADCHF |
|
|
0.6536 +153 pips |
0.6544 -161 pips |
0.63830 |
News (CAD)
Bank Of Canada Lowers Interest Rates By Another Quarter Point
In a widely expected move, the Bank of Canada on Wednesday announced its decision to lower interest rates by another quarter point. The Bank of Canada said it has reduced its target for the overnight rate by 25 basis points to 4.5 percent, with the bank rate at 4.75 percent and the deposit rate at 4.5 percent.
RTTNews | 2 days ago
Bank Of Canada Lowers Interest Rates By A Quarter Point As Widely Expected
Citing continued evidence that underlying inflation is easing, the Bank of Canada on Wednesday announced it has decided to lower interest rates by 25 basis points. The Bank of Canada reduced its target for the overnight rate to 4.75 percent, with the bank rate at 5.0 percent and the deposit rate at 4.75 percent.
RTTNews | 51 days ago
Bank Of Canada Leaves Rates Unchanged As Inflation Remains 'Too High'
The Bank of Canada announced its widely expected decision to once again leave interest rates unchanged on Wednesday, saying inflation is still "too high." The Canadian central bank held its target for the overnight rate at 5.0 percent, with the bank rate at 5.25 percent and the deposit rate at 5.0 percent.
RTTNews | 107 days ago
