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USDCAD holds 1.42560 in a 9.0 pip Asia range

US Initial Jobless Claims is due at 12:30 UTC, the next release on the calendar

USDCAD · Asia session · Published Oct 7, 2026, 10:35 PM

USDCAD last traded at 1.42560, inside an Asia session that has run 9.0 pips between 1.42515 and 1.42606. The nearest level above is the prior week high at 1.42630, 7.0 pips away, and the nearest below is the session open at 1.42540, 2 pips under the last price.

New York closed at 1.42548 after a 42.3 pip range between 1.42387 and 1.42810. The prior trading day ran 76.2 pips, while an ordinary day of the last 14 covers 53.4 pips, and the latest day sits at the 81st percentile of the last 43 days, a busy day for this market.

The calendar lists Initial Jobless Claims at 12:30 UTC with a forecast of 190 K and a previous 197 K, and a 30-Year Bond Auction at 17:00 UTC. Over 97 past jobless claims releases USDCAD moved 7.36 pips on average in the first 15 minutes and 11.33 in the first 60, in either direction.

Large speculators are net short 78671 contracts, a change of -25461 on the week, the 51st percentile of the last 52 weekly reports. The headlines graded for USDCAD include the FOMC minutes, published at 18:00 UTC, and a New York Fed inflation expectations item at 15:02 UTC, both impact 2 of 3.

Session brief

  1. USDCAD, Asia sessionOpen 1.42540, high 1.42606, low 1.42515, close 1.42560: a range of 9.0 pips over 90 minutes, from our own one-minute candles.
  2. USDCAD reference levelsPrevious day and previous week high and low, the session open and the round numbers either side, measured on our own candles.
  3. USDCAD, New York sessionOpen 1.42452, high 1.42810, low 1.42387, close 1.42548: a range of 42.3 pips over 540 minutes, from our own one-minute candles.
  4. USDCAD daily rangeAn ordinary day of the last 14 covers 53.4 pips. The latest day sits at the 81st percentile of the last 43 days we hold, which is a busy day for this market. Measured on our own candles.
  5. USD Initial Jobless ClaimsScheduled 2026-10-08 12:30 UTC, impact 3 of 3. Forecast 190 K. Previous 197 K. From MQL5 Economic Calendar.
  6. USDCAD reaction to jobless_claims_usdOver 97 past releases USDCAD moved 7.36 pips on average in the first 15 minutes and 11.33 in the first 60, in either direction. Measured on our own one-minute candles.
  7. CFTC Commitments of Traders, 090741Large speculators are net short 78671 contracts, a change of -25461 on the week. That is the 51st percentile of the last 52 weekly reports.
  8. Minutes of the Federal Open Market Committee, September 15-16, 2026Federal Reserve. Graded impact 2 of 3 for USDCAD by our headline classifier.

Written once by FxMind's desk from our own market data, the same text every reader sees.

Context on the market, not a trade recommendation. The decision is the trader's.