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USDCAD at 1.40177, 15.5 pips of London range so far

A USD 2-Year Note Auction is scheduled at 17:00 UTC, graded impact 2 of 3

USDCAD · London session · Published Oct 26, 2026, 8:35 AM

USDCAD last trades at 1.40177, inside a London session that has run 15.5 pips between 1.40112 and 1.40266 since the 1.40122 open. The nearest level above is the prior day high at 1.40186, 0.9 pips away, with the previous session high at 1.40454 further up. Below sit the round number at 1.40000, 17.7 pips down, and the previous session low at 1.39985.

The Asia session opened at 1.40454, ran down to 1.39985 and closed at 1.40122, a range of 47.0 pips over 595 minutes. The prior trading day covered 50.2 pips, and an ordinary day of the last 14 covers 68.4 pips. The latest day sits at the 31st percentile of the last 42 days we hold, which the volatility source calls an ordinary day for this market.

The calendar holds one release of impact 2 or 3 in the next 24 hours, the USD 2-Year Note Auction at 17:00 UTC, 504 minutes away, with a previous result of 4.787%. Over 421 past releases of this family USDCAD moved 4.30 pips on average in the first 15 minutes and 7.49 in the first 60, in either direction. Our calendar covers up to 2026-11-25 00:00 UTC.

Large speculators are net short 74709 contracts in the CFTC report of 2026-10-20, a weekly change of 20056 and the 49th percentile of the last 52 weekly reports. The most recent headlines graded for USDCAD are FXStreet's piece on the US Dollar Index holding a bullish bias ahead of FOMC, published at 08:27 UTC, and its report on Canadian Dollar rate hike bets boosting support against USD, published at 08:21 UTC, both graded impact 2 of 3.

Session brief

  1. USDCAD, London sessionOpen 1.40122, high 1.40266, low 1.40112, close 1.40177: a range of 15.5 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 1.40454, high 1.40454, low 1.39985, close 1.40122: a range of 47.0 pips over 595 minutes, from our own one-minute candles.
  4. USDCAD, previous trading dayHigh 1.40186, low 1.39684, close 1.40059 on 2026-10-23, a range of 50.2 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 68.4 pips. The latest day sits at the 31st percentile of the last 42 days we hold, which is an ordinary day for this market. Measured on our own candles.
  6. USD 2-Year Note AuctionScheduled 2026-10-26 17:00 UTC, impact 2 of 3. Previous 4.787%. From MQL5 Economic Calendar.
  7. USDCAD reaction to auction_usdOver 421 past releases USDCAD moved 4.30 pips on average in the first 15 minutes and 7.49 in the first 60, in either direction. Measured on our own one-minute candles.
  8. Economic calendar for USD and CAD1 scheduled releases of impact 2 or 3 in the 24 hours to 2026-10-27 08:35 UTC. Our calendar covers up to 2026-11-25 00:00 UTC.
  9. CFTC Commitments of Traders, 090741Large speculators are net short 74709 contracts, a change of 20056 on the week. That is the 49th percentile of the last 52 weekly reports.
  10. US Dollar Index Price Forecast: DXY holds bullish bias above 101.50 ahead of FOMCFXStreet. Graded impact 2 of 3 for USDCAD by our headline classifier.
  11. Canadian Dollar: BoC rate hike bets boost support against USD - BBHFXStreet. 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.