Advertisement
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 |
|
|
1.3650 -37 pips |
1.3932 -245 pips |
1.36866 | |
| AUDCAD |
|
|
0.8828 -101 pips |
0.8977 -48 pips |
0.89288 | |
| CADJPY |
|
|
104.9309 -310 pips |
109.3436 -132 pips |
108.026 | |
| EURCAD |
|
|
1.5581 -346 pips |
1.5932 -5 pips |
1.59268 | |
| GBPCAD |
|
|
1.7914 -440 pips |
1.8473 -119 pips |
1.83543 | |
| NZDCAD |
|
|
0.8093 -40 pips |
0.8215 -82 pips |
0.81326 | |
| CADCHF |
|
|
0.5878 +28 pips |
0.6211 -361 pips |
0.58505 |
News (CAD)
Bank Of Canada Once Again Leaves Interest Rates Unchanged
The Bank of Canada on Wednesday announced its widely expected decision to leave interest rates unchanged for the second consecutive meeting. The Canadian central bank said it decided to maintain its target for the overnight rate at 2.75 percent, with the Bank Rate at 3 percent and the deposit rate at 2.70 percent.
RTTNews | 42 days ago
Bank Of Canada Leaves Interest Rates Unchanged Amid Tariff Uncertainty
Following a series of interest rate cuts over the past several months, the Bank of Canada on Wednesday announced its widely expected decision to leave interest rates unchanged. The Bank of Canada said it decided to maintain its target for the overnight rate at 2.75 percent, with the Bank Rate at 3 percent and the deposit rate at 2.70 percent.
RTTNews | 91 days ago
Bank Of Canada Cuts Interest Rates By Another 25 Basis Points
With inflation close to the 2 percent target, the Bank of Canada on Wednesday announced its widely expected decision to lower interest rates by another 25 basis points, making its seventh straight rate cut. The Bank of Canada said it decided to reduce its target for the overnight rate to 2.75 percent, with the Bank Rate at 3 percent and the deposit rate at 2.70 percent.
RTTNews | 126 days ago
