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USDCAD holds 1.40486 after a 7.6 pip Asia range

US Unemployment Claims at 12:30 UTC is the next release, impact 3 of 3

USDCAD · Asia session · Published Oct 21, 2026, 11:05 PM

USDCAD last traded at 1.40486, inside an Asia session that has run between 1.40427 and 1.40504, a range of 7.6 pips. The nearest level above is the prior day high at 1.40822, 33.6 pips away, and the nearest below is the previous session low at 1.40419, 6.7 pips away.

The New York session ran 40.4 pips between 1.40419 and 1.40822 and closed at 1.40470, and the prior trading day covered 43.8 pips. An ordinary day of the last 14 covers 69.7 pips, and the latest day sits at the 26th percentile of the last 43 days we hold, which is an ordinary day for this market.

US Unemployment Claims is scheduled for 12:30 UTC with a forecast of 200K and a previous of 199K, alongside CAD New Housing Price Index m/m and CAD RMPI m/m at the same time. Over 101 past releases of the jobless claims family, USDCAD moved 7.40 pips on average in the first 15 minutes and 11.20 in the first 60, in either direction.

Large speculators are net short 94765 contracts in the CFTC report of 2026-10-13, a change of -4602 on the week and the 59th percentile of the last 52 weekly reports. The headlines graded for USDCAD are all impact 2 of 3, the most recent from FXStreet at 23:00 UTC on the Japanese Yen.

Session brief

  1. USDCAD, Asia sessionOpen 1.40475, high 1.40504, low 1.40427, close 1.40486: a range of 7.6 pips over 120 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 1.40508, high 1.40822, low 1.40419, close 1.40470: a range of 40.4 pips over 540 minutes, from our own one-minute candles.
  4. USDCAD daily rangeAn ordinary day of the last 14 covers 69.7 pips. The latest day sits at the 26th percentile of the last 43 days we hold, which is an ordinary day for this market. Measured on our own candles.
  5. USD Unemployment ClaimsScheduled 2026-10-22 12:30 UTC, impact 3 of 3. Forecast 200K. Previous 199K. From Forex Factory.
  6. USDCAD reaction to jobless_claims_usdOver 101 past releases USDCAD moved 7.40 pips on average in the first 15 minutes and 11.20 in the first 60, in either direction. Measured on our own one-minute candles.
  7. 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.
  8. The Japanese Yen barely moves as a Bank of Japan deputy talks up inflation riskFXStreet. 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.