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USDCAD holds 1.40207 after a 15.6 pip London range

USD Unemployment Claims land at 12:30 UTC, impact 3 of 3, with CAD releases at the same time

USDCAD · London session · Published Oct 22, 2026, 8:35 AM

USDCAD last traded at 1.40207, inside a London session that has run 15.6 pips between 1.40138 and 1.40294. The nearest levels above are the previous session high at 1.40504, 29.7 pips away, and the prior day high at 1.40822, 61.5 pips away; below sit the previous session low at 1.40185, 2.2 pips down, and the round number at 1.40000, 20.7 pips down.

The Asia session opened at 1.40475 and closed at 1.40204, a range of 31.8 pips over 595 minutes. The prior trading day ran 43.8 pips between 1.40385 and 1.40822, while an ordinary day of the last 14 covers 69.7 pips, and the latest day sits at the 26th percentile of the last 43 days we hold, which the volatility source calls an ordinary day for this market.

Six releases of impact 2 or 3 sit in the next 24 hours, starting with USD Unemployment Claims at 12:30 UTC, forecast 200K against a previous 199K, alongside CAD New Housing Price Index m/m and CAD RMPI m/m at the same time. Over 97 past releases of the jobless claims family, USDCAD moved 7.23 pips on average in the first 15 minutes and 11.35 in the first 60, in either direction. Our calendar covers up to 2026-11-21 00:00 UTC.

Large speculators are net short 94765 contracts, a change of -4602 on the week and the 59th percentile of the last 52 weekly reports. The headlines graded for USDCAD are all impact 2 of 3, the most recent from FXStreet at 07:43 UTC on the New Zealand Dollar.

Session brief

  1. USDCAD, London sessionOpen 1.40204, high 1.40294, low 1.40138, close 1.40207: a range of 15.6 pips over 95 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 1.40475, high 1.40504, low 1.40185, close 1.40204: a range of 31.8 pips over 595 minutes, from our own one-minute candles.
  4. USDCAD, previous trading dayHigh 1.40822, low 1.40385, close 1.40470 on 2026-10-21, a range of 43.8 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 69.7 pips. The latest day sits at the 26th percentile of the last 43 days we hold, which is an ordinary day for this market. Measured on our own candles.
  6. USD Unemployment ClaimsScheduled 2026-10-22 12:30 UTC, impact 3 of 3. Forecast 200K. Previous 199K. From Forex Factory.
  7. CAD New Housing Price Index m/mScheduled 2026-10-22 12:30 UTC, impact 2 of 3. Forecast -0.1%. Previous -0.1%. From MQL5 Economic Calendar.
  8. CAD RMPI m/mScheduled 2026-10-22 12:30 UTC, impact 2 of 3. Forecast 3.1%. Previous 3.1%. From Forex Factory.
  9. USDCAD reaction to jobless_claims_usdOver 97 past releases USDCAD moved 7.23 pips on average in the first 15 minutes and 11.35 in the first 60, in either direction. Measured on our own one-minute candles.
  10. Economic calendar for USD and CAD6 scheduled releases of impact 2 or 3 in the 24 hours to 2026-10-23 08:35 UTC. Our calendar covers up to 2026-11-21 00:00 UTC.
  11. 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.
  12. New Zealand Dollar weakens amid softer Q3 inflation dataFXStreet. 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.