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: 53.9
Consensus: 54.2
Actual: 57.5
Next Release
Date: May 06, 15:00
Time left: 18 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
1.3619
-138 pips
1.3770
-13 pips
1.37570
Symbol Action Percentage Volume Positions
USDCAD Short 80% 9257.15 lots 35153
Long 20% 2278.74 lots 10454
17% of traders are currently trading USDCAD.
AUDCAD
0.8859
-6 pips
0.8907
-42 pips
0.88650
Symbol Action Percentage Volume Positions
AUDCAD Short 15% 1429.15 lots 9259
Long 85% 8137.98 lots 36830
24% of traders are currently trading AUDCAD.
CADJPY
107.8288
-439 pips
111.3394
+88 pips
112.220
Symbol Action Percentage Volume Positions
CADJPY Short 83% 512.47 lots 2663
Long 17% 102.89 lots 834
2% of traders are currently trading CADJPY.
EURCAD
1.4578
-105 pips
1.4722
-39 pips
1.46825
Symbol Action Percentage Volume Positions
EURCAD Short 52% 584.56 lots 3596
Long 48% 539.74 lots 2328
4% of traders are currently trading EURCAD.
GBPCAD
1.6959
-200 pips
1.7179
-20 pips
1.71591
Symbol Action Percentage Volume Positions
GBPCAD Short 41% 364.26 lots 2213
Long 59% 519.70 lots 2743
4% of traders are currently trading GBPCAD.
NZDCAD
0.8135
-12 pips
0.8213
-66 pips
0.81470
Symbol Action Percentage Volume Positions
NZDCAD Short 36% 952.98 lots 4669
Long 64% 1663.72 lots 7958
9% of traders are currently trading NZDCAD.
CADCHF
0.6551
-54 pips
0.6737
-132 pips
0.66051
Symbol Action Percentage Volume Positions
CADCHF Short 26% 927.77 lots 4918
Long 74% 2578.46 lots 14080
10% of traders are currently trading CADCHF.