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Canada Markit Manufacturing PMI
The leading indicator of manufacturing performance in Canada is The IHS Markit Canada Manufacturing Purchasing Managers Index. A total of five distinct indexes are used to calculate the index, which is weighted according to the following parameters: New Orders (30%), Output (25%), Employment (20%), Suppliers Delivery Times (15%), and Stock of Items Purchased (10%), with the Delivery Times index reversed so that it moves in the same way as the other indexes do. A value greater than 50 indicates that the manufacturing sector has increased in comparison to the previous month; a reading less than 50 indicates that the manufacturing sector has declined, and a reading of 50 shows no change in the manufacturing sector.
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 |
|
|
1.3646 -54 pips |
1.3930 -230 pips |
1.36996 | |
| AUDCAD |
|
|
0.8849 -101 pips |
0.8968 -18 pips |
0.89499 | |
| CADJPY |
|
|
104.5720 -234 pips |
108.5807 -167 pips |
106.910 | |
| EURCAD |
|
|
1.5663 -373 pips |
1.5979 +57 pips |
1.60360 | |
| GBPCAD |
|
|
1.8203 -403 pips |
1.8625 -19 pips |
1.86065 | |
| NZDCAD |
|
|
0.8126 -84 pips |
0.8276 -66 pips |
0.82099 | |
| CADCHF |
|
|
0.5919 +112 pips |
0.6175 -368 pips |
0.58068 |
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 | 35 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 | 84 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 | 119 days ago
