Manufacturing Sales (MoM) in Canada advanced 0.7% in August, missing the 1% rise expected by markets. In July, Canada Manufacturing Sales (MoM) had advanced 1.6%.
What is the Canada Manufacturing Sales (MoM)?
The Manufacturing Sales released by the Statistics Canada examines overall Sales of Canada. It can be seen expected market demand. Generally speaking, a growing number of goods including unsold inventories indicates a fall in the market demand,which anticipates bearish for the CAD. Also, a decreasing sales number is seen as negative (or bearish). On the other hand, an increasing sales number is seen as positive (or bullish).
When is the next Canada Manufacturing Sales (MoM) report released?
The next Canada Manufacturing Sales (MoM) data will be published on November 14 at 13:30 GMT. For more information, check the Canada Manufacturing Sales (MoM) entry in FXStreet Calendar.
Canadian Dollar price today
The table below shows the percentage change of Canadian Dollar (CAD) against listed major currencies today. Canadian Dollar was the strongest against the US Dollar.
| USD | EUR | GBP | CAD | AUD | JPY | NZD | CHF | |
| USD | -0.18% | -0.16% | -0.21% | -0.34% | -0.09% | -0.34% | -0.18% | |
| EUR | 0.19% | 0.02% | -0.03% | -0.15% | 0.10% | -0.15% | -0.01% | |
| GBP | 0.16% | -0.02% | -0.05% | -0.18% | 0.07% | -0.17% | -0.02% | |
| CAD | 0.21% | 0.02% | 0.08% | -0.12% | 0.13% | -0.12% | 0.03% | |
| AUD | 0.34% | 0.15% | 0.18% | 0.12% | 0.25% | 0.00% | 0.14% | |
| JPY | 0.09% | -0.07% | -0.07% | -0.15% | -0.24% | -0.25% | -0.09% | |
| NZD | 0.34% | 0.16% | 0.18% | 0.13% | 0.01% | 0.26% | 0.13% | |
| CHF | 0.18% | 0.00% | 0.01% | -0.04% | -0.14% | 0.11% | -0.15% |
The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Euro from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent EUR (base)/JPY (quote).
Source: https://www.fxstreet.com/news/canada-manufacturing-sales-mom-increase-07-in-august-202310161254