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USDCAD at 1.40926, 13.8 pips of London range so far

Canadian CPI lands at 12:30 UTC, seven releases of impact 2 or 3 in the next 24 hours

USDCAD · London session · Published Oct 19, 2026, 8:30 AM

USDCAD last sits at 1.40926, inside a London range of 13.8 pips between 1.40881 and 1.41020. The nearest level above is the round number at 1.41000, 7.4 pips away, and the nearest below is the previous session low at 1.40905, 2.1 pips away.

The Asia session ran 44.4 pips between 1.41349 and 1.40905 and closed at 1.40906. An ordinary day of the last 14 covers 67.7 pips, and the latest day sits at the 62nd percentile of the last 42 days we hold, which is an ordinary day for this market.

The CAD CPI family is scheduled at 12:30 UTC, with Median CPI y/y forecast at 2.0% against a previous 2.0%. Over 23 past releases of this family USDCAD moved 11.19 pips on average in the first 15 minutes and 12.26 in the first 60, in either direction.

Large speculators are net short 94765 contracts, a change of -4602 on the week, the 59th percentile of the last 52 weekly reports. FXStreet's piece on Canada CPI expecting a pick-up in inflation in September was graded impact 2 of 3 for USDCAD at 07:30 UTC.

Session brief

  1. USDCAD, London sessionOpen 1.40906, high 1.41020, low 1.40881, close 1.40926: a range of 13.8 pips over 91 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 1.41344, high 1.41349, low 1.40905, close 1.40906: a range of 44.4 pips over 595 minutes, from our own one-minute candles.
  4. USDCAD daily rangeAn ordinary day of the last 14 covers 67.7 pips. The latest day sits at the 62nd percentile of the last 42 days we hold, which is an ordinary day for this market. Measured on our own candles.
  5. CAD Median CPI y/yScheduled 2026-10-19 12:30 UTC, impact 3 of 3. Forecast 2.0%. Previous 2.0%. From Forex Factory.
  6. USDCAD reaction to cpi_cadOver 23 past releases USDCAD moved 11.19 pips on average in the first 15 minutes and 12.26 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. Canada CPI expected to show a pick-up in inflation in SeptemberFXStreet. Graded impact 2 of 3 for USDCAD by our headline classifier.
  9. Economic calendar for USD and CAD7 scheduled releases of impact 2 or 3 in the 24 hours to 2026-10-20 08:30 UTC. Our calendar covers up to 2026-11-18 00:00 UTC.

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.