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USDCAD at 1.41190, 16.6 pips of Asia range so far

Canadian CPI data land at 12:30 UTC, with six releases in the cpi_cad family

USDCAD · Asia session · Published Oct 19, 2026, 12:00 AM

USDCAD last traded at 1.41190, near the bottom of an Asia session that has run between 1.41349 and 1.41182, a range of 16.6 pips. The nearest level above is the prior day high at 1.41990, 80 pips away, with the round number at 1.42000 just beyond it. Below, the session open, prior day low and prior week low all sit at 1.41344, 15.4 pips up, and the round number at 1.41000 is 19 pips down.

The previous trading day ran 64.6 pips between 1.41344 and 1.41990 and closed at 1.41394. An ordinary day of the last 14 covers 67.7 pips, and the latest day sits at the 62nd percentile of the last 42 days we hold, which the volatility source calls an ordinary day for this market.

Six Canadian CPI releases are scheduled for 12:30 UTC, led by Median CPI y/y at impact 3 of 3 with a forecast of 2.0% and a previous 2.0%. Over 24 past cpi_cad releases USDCAD moved 10.80 pips on average in the first 15 minutes and 11.90 in the first 60, in either direction. The BOC Business Outlook Survey follows at 15:30 UTC at impact 2 of 3.

Large speculators are net short 94765 contracts in the CFTC Commitments of Traders report of 2026-10-13, a weekly change of -4602 and the 59th percentile of the last 52 weekly reports. The headlines graded for USDCAD are all impact 1 of 3, the most recent from FXStreet at 22:28 UTC on Iran's stated operational plan should the US resume attacks.

Session brief

  1. USDCAD, Asia sessionOpen 1.41344, high 1.41349, low 1.41182, close 1.41190: a range of 16.6 pips over 175 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, previous trading dayHigh 1.41990, low 1.41344, close 1.41394 on 2026-10-16, a range of 64.6 pips, from our own candles on the trading day that starts 17:00 New York.
  4. USDCAD daily rangeAn ordinary day of the last 14 covers 67.7 pips. The latest day sits at the 62nd percentile of the last 42 days we hold, which is an ordinary day for this market. Measured on our own candles.
  5. CAD Median CPI y/yScheduled 2026-10-19 12:30 UTC, impact 3 of 3. Forecast 2.0%. Previous 2.0%. From Forex Factory.
  6. USDCAD reaction to cpi_cadOver 24 past releases USDCAD moved 10.80 pips on average in the first 15 minutes and 11.90 in the first 60, in either direction. Measured on our own one-minute candles.
  7. CAD BOC Business Outlook SurveyScheduled 2026-10-19 15:30 UTC, impact 2 of 3. From Forex Factory.
  8. CFTC Commitments of Traders, 090741Large speculators are net short 94765 contracts, a change of -4602 on the week. That is the 59th percentile of the last 52 weekly reports.
  9. Iran says it has a "new operational plan" if the US resumes attacksFXStreet. Graded impact 1 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.