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.

Category:  Business Confidence
Units:  Points
Details
Impact: High
Country:
Currency: CAD
Latest Release
Previous: 48.9
Consensus: 49.1
Actual: 53.3
Next Release
Date: Aug 07, 14:00
Time left: 28 days

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
1.3645
-49 pips
1.3924
-230 pips
1.36942
Symbol Action Percentage Volume Positions
USDCAD Short 52% 1497.26 lots 6221
Long 48% 1387.41 lots 5848
11% of traders are currently trading USDCAD.
AUDCAD
0.8850
-105 pips
0.8968
-13 pips
0.89547
Symbol Action Percentage Volume Positions
AUDCAD Short 83% 4218.43 lots 22283
Long 17% 849.65 lots 5998
17% of traders are currently trading AUDCAD.
CADJPY
104.5101
-232 pips
108.5204
-169 pips
106.827
Symbol Action Percentage Volume Positions
CADJPY Short 42% 111.51 lots 986
Long 58% 155.78 lots 907
1% of traders are currently trading CADJPY.
EURCAD
1.5662
-386 pips
1.5982
+66 pips
1.60479
Symbol Action Percentage Volume Positions
EURCAD Short 86% 692.79 lots 4622
Long 14% 113.91 lots 909
5% of traders are currently trading EURCAD.
GBPCAD
1.8203
-411 pips
1.8624
-10 pips
1.86141
Symbol Action Percentage Volume Positions
GBPCAD Short 56% 265.86 lots 1634
Long 44% 212.94 lots 804
2% of traders are currently trading GBPCAD.
NZDCAD
0.8126
-98 pips
0.8276
-52 pips
0.82238
Symbol Action Percentage Volume Positions
NZDCAD Short 39% 829.91 lots 4219
Long 61% 1316.15 lots 8562
9% of traders are currently trading NZDCAD.
CADCHF
0.5919
+117 pips
0.6175
-373 pips
0.58018
Symbol Action Percentage Volume Positions
CADCHF Short 6% 93.47 lots 664
Long 94% 1593.69 lots 9065
6% of traders are currently trading CADCHF.