fxmind
Try free

All briefs

USDCAD at 1.42524, London range 21.0 pips

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

USDCAD · London session · Published Oct 8, 2026, 8:35 AM

USDCAD last traded at 1.42524, inside a London session that has run 21.0 pips between 1.42433 and 1.42644. The nearest level above is the prior week high at 1.42630, 10.6 pips away, then the previous session high at 1.42706, 18.2 pips above. Below, the previous session low sits at 1.42515, 0.9 pips under the last price.

The Asia session ran 19.0 pips between 1.42515 and 1.42706 and closed at 1.42634. The prior trading day covered 76.2 pips, from 1.42048 to 1.42810. An ordinary day over the last 14 covers 53.4 pips, and the latest day sits at the 81st percentile of the last 43 days we hold, which is a busy day for this market.

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

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 reported on the Swiss Franc at 05:01 UTC and Action Forex covered US yields at 04:18 UTC, both graded impact 2 of 3.

Session brief

  1. USDCAD, London sessionOpen 1.42634, high 1.42644, low 1.42433, close 1.42524: a range of 21.0 pips over 96 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, Asia sessionOpen 1.42540, high 1.42706, low 1.42515, close 1.42634: a range of 19.0 pips over 594 minutes, from our own one-minute candles.
  4. USDCAD, previous trading dayHigh 1.42810, low 1.42048, close 1.42548 on 2026-10-07, a range of 76.2 pips, from our own candles on the trading day that starts 17:00 New York.
  5. 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.
  6. USD Initial Jobless ClaimsScheduled 2026-10-08 12:30 UTC, impact 3 of 3. Forecast 190 K. Previous 197 K. From MQL5 Economic Calendar.
  7. 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.
  8. USD 30-Year Bond AuctionScheduled 2026-10-08 17:00 UTC, impact 3 of 3. Previous 5.308%. From MQL5 Economic Calendar.
  9. 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.
  10. Swiss Franc gains despite stable US Dollar amid ongoing inflation risksFXStreet. 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.