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Canada Ivey Purchasing Managers Index (PMI)

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Canada Ivey Purchasing Managers Index (PMI)

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Latest Release
Apr 05, 2024
Actual
57.5
Forecast
54.2
Previous
53.9
The Ivey Purchasing Managers' Index (PMI) measures the activity level of purchasing managers in Canada. A reading above 50 indicates expansion; a reading below 50 indicates contraction. The index is a joint project of the Purchasing Management Association of Canada and the Richard Ivey School of Business. Traders watch these surveys closely as purchasing managers usually have early access to data about their company’s performance, which can be a leading indicator of overall economic performance.

A higher than expected reading should be taken as positive/bullish for the CAD, while a lower than expected reading should be taken as negative/bearish for the CAD.
Importance:
Country:
Currency: CAD
Source: Richard Ivey School of Busines...
Canada Ivey Purchasing Managers Index (PMI)
 
Release Date Time Actual Forecast Previous
May 07, 2024 (Apr) 10:00     57.5
Apr 05, 2024 (Mar) 10:00 57.5 54.2 53.9
Mar 06, 2024 (Feb) 11:00 53.9   56.5
Feb 06, 2024 (Jan) 11:00 56.5 55.0 56.3
Jan 05, 2024 (Dec) 11:00 56.3 55.0 54.7
Dec 06, 2023 (Nov) 11:00 54.7 54.2 53.4

News

Forex - Dollar Gains Momentum on Upbeat Services Data
Forex - Dollar Gains Momentum on Upbeat Services Data By Investing.com - Jan 07, 2020

Invesing.com – The U.S. dollar rose on Tuesday as better-than-expected non-manufacturing data suggested the economy remained on firm footing. The U.S. dollar index, which measures the greenback...

Analysis

Kenny Fisher
Canadian Dollar Eyes Ivey PMI By Kenny Fisher - Mar 06, 2023

The USD/CAD is coming off a relatively quiet week but that could change as there are a host of key releases this week. Ivey PMI kicks things off later today, followed by the Bank of Canada rate...

Kenny Fisher
USD/CAD Eyes Canada, U.S. Job Reports By Kenny Fisher - Jan 06, 2023

The Canadian dollar edged lower on Friday. In the European session, USD/CAD is trading at 1.3620, up 0.36%. The first week of the new year has been busy. The Canadian dollar sparkled on Wednesday and...

Ivey PMI Discussion

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All Comments (27)
Merr Ariff
Merr Ariff Dec 04, 2019 9:27PM ET
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Jeff Blacca
Jeff Blacca May 07, 2019 4:21AM ET
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i predict a Bullish Move for the CAD but i certainly know that some whipsaws will be observed in USDCAD....MY BET IS TO trade the CADJPY/GBPCAD
Dilina Sandika
Dilina Sandika Apr 04, 2019 9:55AM ET
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Adikara Dwi Atmaja
Adikara Dwi Atmaja Nov 04, 2017 11:38AM ET
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low forecast, i'll short usdcad if the price going up before the news
Shammi Abeyweera
Shammi Abeyweera Mar 07, 2017 10:08AM ET
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Cad for the win! .
Muhammad Younas
Muhammad Younas Mar 07, 2017 8:57AM ET
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what about today news
Trading Systems
Trading Systems Mar 04, 2016 10:33AM ET
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PMI should not be graded with a level 3 importance. It has little effect on CAD currency movements. It should be graded as a level 1 or 2 at the most
Lucian Moldovan
Lucian Moldovan Jun 04, 2015 1:57AM ET
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I think USD down.
Muhammad Sajjad Hussain
Muhammad Sajjad Hussain Feb 04, 2015 5:21AM ET
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usd cad up
Nikos KFk
Nikos KFk Dec 04, 2014 5:30AM ET
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its so unpredictable i did one trade at 1.13610 and took profit at 1.13531 and from since then i lost all the other trades with 20% of my capital -
 
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