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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: 61.2
Consensus: 61
Actual: 45
Next Release
Date: Feb 04, 15:00
Time left: 11 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
1.2521
-78 pips
1.2765
-166 pips
1.25991
Symbol Action Percentage Volume Positions
USDCAD Short 43% 2533.25 lots 8650
Long 57% 3334.77 lots 7725
13% of traders are currently trading USDCAD.
AUDCAD
0.9002
-11 pips
0.9163
-150 pips
0.90128
Symbol Action Percentage Volume Positions
AUDCAD Short 17% 210.16 lots 1360
Long 83% 1035.66 lots 4667
8% of traders are currently trading AUDCAD.
CADJPY
88.8151
-134 pips
90.8057
-65 pips
90.16
Symbol Action Percentage Volume Positions
CADJPY Short 71% 633.78 lots 2498
Long 29% 264.86 lots 1304
3% of traders are currently trading CADJPY.
EURCAD
1.4232
-39 pips
1.4521
-250 pips
1.42709
Symbol Action Percentage Volume Positions
EURCAD Short 28% 275.10 lots 1318
Long 72% 691.15 lots 3144
5% of traders are currently trading EURCAD.
GBPCAD
1.6972
-70 pips
1.7147
-105 pips
1.70415
Symbol Action Percentage Volume Positions
GBPCAD Short 44% 355.97 lots 1405
Long 56% 456.92 lots 1754
3% of traders are currently trading GBPCAD.
NZDCAD
0.8486
+38 pips
0.8545
-97 pips
0.84477
Symbol Action Percentage Volume Positions
NZDCAD Short 7% 102.04 lots 486
Long 93% 1347.77 lots 4287
5% of traders are currently trading NZDCAD.
CADCHF
0.7222
-12 pips
0.7307
-73 pips
0.72344
Symbol Action Percentage Volume Positions
CADCHF Short 45% 291.38 lots 1155
Long 55% 351.89 lots 2028
3% of traders are currently trading CADCHF.