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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: 49.3
Consensus: 42.3
Actual: 60.1
Next Release
Date: Mar 03, 15:00
Time left: 23 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
1.3256
-142 pips
1.3420
-22 pips
1.33977
Symbol Action Percentage Volume Positions
USDCAD Short 48% 936.15 lots 4299
Long 52% 1022.25 lots 5042
9% of traders are currently trading USDCAD.
AUDCAD
0.9136
-199 pips
0.9397
-62 pips
0.93347
Symbol Action Percentage Volume Positions
AUDCAD Short 59% 2806.53 lots 11363
Long 41% 1949.33 lots 6470
12% of traders are currently trading AUDCAD.
CADJPY
95.0990
-269 pips
100.5886
-280 pips
97.789
Symbol Action Percentage Volume Positions
CADJPY Short 46% 284.85 lots 1555
Long 54% 335.99 lots 2092
2% of traders are currently trading CADJPY.
EURCAD
1.4038
-345 pips
1.4468
-85 pips
1.43829
Symbol Action Percentage Volume Positions
EURCAD Short 46% 537.19 lots 2066
Long 54% 623.74 lots 2600
3% of traders are currently trading EURCAD.
GBPCAD
1.5953
-237 pips
1.6424
-234 pips
1.61902
Symbol Action Percentage Volume Positions
GBPCAD Short 39% 348.75 lots 1442
Long 61% 541.74 lots 1978
2% of traders are currently trading GBPCAD.
NZDCAD
0.8389
-88 pips
0.8549
-72 pips
0.84773
Symbol Action Percentage Volume Positions
NZDCAD Short 70% 2049.17 lots 12084
Long 30% 857.92 lots 3448
6% of traders are currently trading NZDCAD.
CADCHF
0.6872
+3 pips
0.7055
-186 pips
0.68688
Symbol Action Percentage Volume Positions
CADCHF Short 7% 192.71 lots 1232
Long 93% 2715.30 lots 18625
6% of traders are currently trading CADCHF.