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USDCAD at 1.42142, London range 13.0 pips

US CPI lands at 12:30 UTC, the top-graded event for USDCAD today

USDCAD · London session · Published Oct 14, 2026, 8:40 AM

USDCAD last traded at 1.42142, inside a London session that has run 13.0 pips between 1.42026 and 1.42156. The nearest level above is the Asia session high at 1.42224, 8.2 pips away, and the nearest below is the session open at 1.42056, 8.6 pips below the last price.

Asia traded a 25.5 pip range between 1.41970 and 1.42224, closing at 1.42056. The prior day ran 80.6 pips from 1.42036 to 1.42842, while an ordinary day over the last 14 covers 58.9 pips; the latest day sits at the 83rd percentile of the last 42 days we hold, which is a busy day for this market.

The next scheduled release is US CPI at 12:30 UTC, graded impact 3 of 3, with CPI m/m forecast at 0.6% and CPI y/y forecast at 3.6%. Over 70 past cpi_usd releases, USDCAD moved 8.00 pips on average in the first 15 minutes and 11.20 in the first 60, in either direction. A Fed Governor Bowman speech is scheduled at 09:40 UTC.

Large speculators are net short 90163 contracts, a change of -11492 on the week, the 55th percentile of the last 52 weekly reports. The loudest headline for USDCAD is from FXStreet at 08:30 UTC, graded impact 2 of 3, on US CPI expectations and the Fed rate outlook.

Session brief

  1. USDCAD, London sessionOpen 1.42056, high 1.42156, low 1.42026, close 1.42142: a range of 13.0 pips over 101 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 1.42176, high 1.42224, low 1.41970, close 1.42056: a range of 25.5 pips over 595 minutes, from our own one-minute candles.
  4. USDCAD daily rangeAn ordinary day of the last 14 covers 58.9 pips. The latest day sits at the 83rd percentile of the last 42 days we hold, which is a busy day for this market. Measured on our own candles.
  5. USD CPI m/mScheduled 2026-10-14 12:30 UTC, impact 3 of 3. Forecast 0.6%. Previous 0.4%. From Forex Factory.
  6. USDCAD reaction to cpi_usdOver 70 past releases USDCAD moved 8.00 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. USD Fed Governor Bowman SpeechScheduled 2026-10-14 09:40 UTC, impact 2 of 3. From MQL5 Economic Calendar.
  8. CFTC Commitments of Traders, 090741Large speculators are net short 90163 contracts, a change of -11492 on the week. That is the 55th percentile of the last 52 weekly reports.
  9. US CPI data expected to rise in September as markets reassess Fed rate outlookFXStreet. Graded impact 2 of 3 for USDCAD by our headline classifier.
  10. USD CPIScheduled 2026-10-14 12:30 UTC, impact 3 of 3. Forecast 334.918. Previous 334.131. From MQL5 Economic Calendar.

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.