The Canada IVEY PMI will be released today. This release is considered a leading indicator that receives much attention from traders; especially when its released early in the week before the Employment report. Here’s the forecast:
10:00am (NY Time) CA IVEY PMI Forecast 58.2 Previous 57.6
ACTION: USD/CAD BUY 55.0 / SELL 61.0
The Canada IVEY PMI will be released today. This release is considered a leading indicator that receives much attention from traders; especially when its released early in the week before the Employment report. Here’s the forecast:
10:00am (NY Time) CA IVEY PMI Forecast 46.7 Previous 45.4
ACTION: USD/CAD BUY 43.5 / SELL 50.0
The Canada IVEY PMI will be released today. This release is considered a leading indicator that receives much attention from traders; especially when its released early in the week before the Employment report. Here’s the forecast:
10:00am (NY Time) CA IVEY PMI Forecast 65.7 Previous 69.1
ACTION: USD/CAD BUY 62.0 / SELL 69.0
The Canada IVEY PMI will be released today. This release is considered a leading indicator that receives much attention from traders; especially when it’s released early in the week before the Employment report. Here´s the forecast:
10:00am (NY Time) CA IVEY PMI Forecast 58.4 Previous 57.7
ACTION: USD/CAD BUY 55.5 SELL 61.5
The Trade Plan
Our tradable deviation factor is 3.0. IVEY PMI is usually tradable when it’s released before the Canadian Employment Change report. The IVEY PMI is a leading indicator used to predict future trends. The Employment Change is a lagging indicator which means it’s used to confirm if a trend is or isn’t developing. Therefore, The IVEY PMI report should indicate in which direction the employment report will go.
We’ll be getting the Canada IVEY PMI today, since this is a leading indicator, traders pay attention for this release, especially during the same week prior to Canada Employment Changes. Here’s the forecast:
10:00am (NY Time) CA IVEY PMI Forecast 67.1 Previous 73.2
ACTION: USD/CAD BUY 64.1 SELL 70.1
We’ll be getting Canada IVEY PMI today, since this is a leading indicator, traders pay attention for this release, especially during the same week prior to Canada Employment Changes. Here’s the forecast:
10:00am (NY Time) CA IVEY PMI Forecast 65.0 Previous 69.3
ACTION: USD/CAD BUY 62.0 SELL 68.0
We’ll be getting Canada IVEY PMI today, since this is a leading indicator, traders pay attention for this release, especially during the same week prior to Canada Employment Changes. Here’s the forecast:
10:00am (NY Time) CA IVEY PMI Forecast 53.5 Previous 57.5
ACTION: USD/CAD BUY 50.0 SELL 56.5
The Trade Plan
Our tradable surprise factor is 3.0. IVEY PMI is usually tradable before the Canadian Employment Changes, however it is important to note that IVEY PMI is a leading indicator and Employment Change is a lagging indicator, and both are figures from different month but the general market seems to ignore that.
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