Ivey PMI comes in at 58.2 against 56.2 consensus

Canada’s Ivey PMI for October, released on 2026-10-06 at 14:00 UTC, registered 58.2. This figure exceeded the consensus expectation of 56.2 by 3.6%, following the previous month’s reading of 64.3.

Following the release, the Canadian dollar showed varied movement against major currencies. USDCAD moved -5.6 pips at 5 minutes and -6.4 pips at 15 minutes. This is smaller than its median 1-hour move of 13 pips, with top-quarter releases typically moving 24+ pips. CADJPY moved +0.6 pips at 5 minutes and +3.3 pips at 15 minutes. Its median 1-hour move is 13 pips, with top-quarter releases moving 22+ pips. CADCHF moved +1.8 pips at 5 minutes and +2.8 pips at 15 minutes, compared to a median 1-hour move of 9 pips. EURCAD moved -2.5 pips at 5 minutes and -4.8 pips at 15 minutes, against a median 1-hour move of 14 pips. GBPCAD moved +0.1 pips at 5 minutes and -4.4 pips at 15 minutes, with a median 1-hour move of 16 pips. AUDCAD moved -0.4 pips at 5 minutes and -2.0 pips at 15 minutes, compared to a median 1-hour move of 9 pips. NZDCAD moved -0.8 pips at 5 minutes and +0.3 pips at 15 minutes, against a median 1-hour move of 8 pips. For all pairs, the measured market reaction so far is small relative to their typical median 1-hour moves after past releases.