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: 55.8
Consensus: 53.1
Actual: 50.1
Next Release
Date: Oct 07, 14:00
Time left: 21 days
Consensus: 53

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
1.3736
-44 pips
1.3945
-165 pips
1.37800
Symbol Action Percentage Volume Positions
USDCAD Short 47% 1109.19 lots 4242
Long 53% 1259.59 lots 5668
10% of traders are currently trading USDCAD.
AUDCAD
0.9085
-111 pips
0.9136
+60 pips
0.91957
Symbol Action Percentage Volume Positions
AUDCAD Short 94% 31373.04 lots 85024
Long 6% 1955.00 lots 8842
24% of traders are currently trading AUDCAD.
CADJPY
104.4713
-239 pips
108.5323
-167 pips
106.863
Symbol Action Percentage Volume Positions
CADJPY Short 45% 82.89 lots 877
Long 55% 100.16 lots 999
2% of traders are currently trading CADJPY.
EURCAD
1.5868
-351 pips
1.6167
+52 pips
1.62187
Symbol Action Percentage Volume Positions
EURCAD Short 91% 1178.87 lots 5301
Long 9% 116.38 lots 566
5% of traders are currently trading EURCAD.
GBPCAD
1.8521
-232 pips
1.8693
+60 pips
1.87532
Symbol Action Percentage Volume Positions
GBPCAD Short 88% 801.19 lots 4352
Long 12% 108.77 lots 678
4% of traders are currently trading GBPCAD.
NZDCAD
0.8188
-44 pips
0.8300
-68 pips
0.82316
Symbol Action Percentage Volume Positions
NZDCAD Short 93% 4946.42 lots 18363
Long 7% 351.96 lots 2824
12% of traders are currently trading NZDCAD.
CADCHF
0.5829
+68 pips
0.6087
-326 pips
0.57610
Symbol Action Percentage Volume Positions
CADCHF Short 8% 155.58 lots 735
Long 92% 1760.72 lots 10361
7% of traders are currently trading CADCHF.