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USDCAD near the London session high

CAD GDP y/y and GDP m/m are due at 12:30 UTC.

USDCAD · London session · Published Sep 29, 2026, 9:50 AM

USDCAD is 1.41982 within the London range from 1.41820 to 1.41999, a span of 17.8 pips. The nearest marked levels are 1.42000, 1.8 pips above, and the Asia high at 1.41930, 5.2 pips below.

Asia closed at 1.41856 after trading from 1.41695 to 1.41930, a range of 23.5 pips. An ordinary day covers 50.8 pips; the latest day sits at the 14th percentile of the last 42 days, which the volatility source describes as a calm day for this market.

CAD GDP y/y and GDP m/m are due at 12:30 UTC. Over 24 past GDP releases, USDCAD moved an average of 8.80 pips in the first 15 minutes and 13.50 pips in the first 60, in either direction.

COT (Commitments of Traders) shows large speculators net short 53210 contracts, a weekly change of -15633, at the 37.30 percentile of the last 52 weekly reports. The highest-graded USDCAD headline reports Australian Dollar gains and an RBA rate hike of 25 bps, graded 3 of 3.

Session brief

  1. USDCAD price from our feedLast one-minute close 1.41982 at 2026-09-29 09:49 UTC, from our own candles.
  2. USDCAD, London sessionOpen 1.41856, high 1.41999, low 1.41820, close 1.41982: a range of 17.8 pips over 170 minutes, from our own one-minute candles.
  3. USDCAD reference levelsPrevious day and previous week high and low, the session open and the round numbers either side, measured on our own candles.
  4. USDCAD, Asia sessionOpen 1.41728, high 1.41930, low 1.41695, close 1.41856: a range of 23.5 pips over 595 minutes, from our own one-minute candles.
  5. USDCAD daily rangeAn ordinary day of the last 14 covers 50.8 pips. The latest day sits at the 14th percentile of the last 42 days we hold, which is a calm day for this market. Measured on our own candles.
  6. CAD GDP y/yScheduled 2026-09-29 12:30 UTC, impact 2 of 3. Forecast 1.3%. Previous 2.0%. From MQL5 Economic Calendar.
  7. CAD GDP m/mScheduled 2026-09-29 12:30 UTC, impact 2 of 3. Forecast 0.0%. Previous 0.3%. From Forex Factory.
  8. USDCAD reaction to gdp_cadOver 24 past releases USDCAD moved 8.80 pips on average in the first 15 minutes and 13.50 in the first 60, in either direction. Measured on our own one-minute candles.
  9. CFTC Commitments of Traders, 090741Large speculators are net short 53210 contracts, a change of -15633 on the week. That is the 37th percentile of the last 52 weekly reports.
  10. Australian Dollar gains as RBA hikes interest rates by 25 bps to 4.6%FXStreet. Graded impact 3 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.