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USDCAD at 1.42189, Asia range 17.2 pips

CAD Unemployment Rate and Employment Change land at 12:30 UTC, both impact 3 of 3

USDCAD · Asia session · Published Oct 9, 2026, 12:15 AM

USDCAD last traded at 1.42189, near the bottom of an Asia session that has run 17.2 pips between 1.42360 and 1.42188. The nearest level above is the session open at 1.42304, 11.5 pips up, and the nearest below is the prior day low at 1.42170, 1.9 pips down.

New York closed at 1.42260 after a 55.8 pip range between 1.42728 and 1.42170. The prior trading day covered 60.7 pips, and an ordinary day of the last 14 covers 55.0 pips, with the latest day at the 64th percentile of the last 44 days, which is an ordinary day for this market.

The next scheduled releases are CAD Unemployment Rate and CAD Employment Change at 12:30 UTC, both impact 3 of 3. Over 23 past releases of that family USDCAD moved 19.70 pips on average in the first 15 minutes and 23.00 in the first 60, in either direction. USD Michigan releases follow at 14:00 UTC, where 49 past releases moved USDCAD 8.20 pips on average in the first 15 minutes.

Large speculators are net short 78671 contracts, a change of -25461 on the week, the 51st percentile of the last 52 weekly reports. Among headlines graded for USDCAD, FXStreet's Fed's Musalem signals more tightening as inflation stays elevated was published at 17:57 UTC at impact 2 of 3.

Session brief

  1. USDCAD, Asia sessionOpen 1.42304, high 1.42360, low 1.42188, close 1.42189: a range of 17.2 pips over 190 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 1.42725, high 1.42728, low 1.42170, close 1.42260: a range of 55.8 pips over 540 minutes, from our own one-minute candles.
  4. USDCAD daily rangeAn ordinary day of the last 14 covers 55.0 pips. The latest day sits at the 64th percentile of the last 44 days we hold, which is an ordinary day for this market. Measured on our own candles.
  5. CAD Employment ChangeScheduled 2026-10-09 12:30 UTC, impact 3 of 3. Forecast 6.1K. Previous -41.7K. From Forex Factory.
  6. USDCAD reaction to employment_cadOver 23 past releases USDCAD moved 19.70 pips on average in the first 15 minutes and 23.00 in the first 60, in either direction. Measured on our own one-minute candles.
  7. USDCAD reaction to inflation_expectations_usdOver 49 past releases USDCAD moved 8.20 pips on average in the first 15 minutes and 15.00 in the first 60, in either direction. Measured on our own one-minute candles.
  8. 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.
  9. Fed's Musalem signals more tightening as inflation stays elevatedFXStreet. Graded impact 2 of 3 for USDCAD by our headline classifier.
  10. CAD Unemployment RateScheduled 2026-10-09 12:30 UTC, impact 3 of 3. Forecast 6.5%. Previous 6.4%. From Forex Factory.

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.