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USDCAD at 1.42018, London range 21.8 pips

Eight US releases land at 12:30 UTC, 229 minutes away, with PPI and retail sales among them

USDCAD · London session · Published Oct 15, 2026, 8:40 AM

USDCAD last traded at 1.42018, inside a London session that has run 21.8 pips between 1.42166 and 1.41948. The nearest level above is the prior week low at 1.42048, 3.0 pips up, and the nearest below is the round number at 1.42000, 1.8 pips down. Further out sit the previous session high at 1.42396, 37.8 pips above, and the prior day low at 1.41970, 4.8 pips below.

Asia traded 43.4 pips between 1.42396 and 1.41961 and closed at 1.42162. The prior trading day ran 103.1 pips from 1.43000 down to 1.41970. An ordinary day over the last 14 covers 62.2 pips, and the latest day sits at the 95th percentile of the last 43 days we hold, which is an unusually wide day for this market.

Eight releases of impact 2 or 3 are scheduled in the next 24 hours, all at 12:30 UTC. USD PPI m/m carries a forecast of 0.6% against a previous 0.4%, and USD Retail Sales m/m a forecast of 0.3% against a previous 1.2%. Over 22 past PPI releases USDCAD moved 7.95 pips on average in the first 15 minutes and 10.77 in the first 60, in either direction.

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 graded impact 2 of 3, published at 07:44 UTC by FXStreet and describing the US Dollar erasing CPI-inspired gains as bond yields slump.

Session brief

  1. USDCAD, London sessionOpen 1.42162, high 1.42166, low 1.41948, close 1.42018: a range of 21.8 pips over 100 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 1.42360, high 1.42396, low 1.41961, close 1.42162: a range of 43.4 pips over 595 minutes, from our own one-minute candles.
  4. USDCAD, previous trading dayHigh 1.43000, low 1.41970, close 1.42367 on 2026-10-14, a range of 103.1 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 62.2 pips. The latest day sits at the 95th percentile of the last 43 days we hold, which is an unusually wide day for this market. Measured on our own candles.
  6. Economic calendar for USD and CAD8 scheduled releases of impact 2 or 3 in the 24 hours to 2026-10-16 08:40 UTC. Our calendar covers up to 2026-11-14 00:00 UTC.
  7. USD PPI m/mScheduled 2026-10-15 12:30 UTC, impact 3 of 3. Forecast 0.6%. Previous 0.4%. From Forex Factory.
  8. USD Retail Sales m/mScheduled 2026-10-15 12:30 UTC, impact 3 of 3. Forecast 0.3%. Previous 1.2%. From Forex Factory.
  9. USDCAD reaction to ppi_usdOver 22 past releases USDCAD moved 7.95 pips on average in the first 15 minutes and 10.77 in the first 60, in either direction. Measured on our own one-minute candles.
  10. 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.
  11. Forex Today: US Dollar erases CPI-inspired gains as bond yields slumpFXStreet. 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.