fxmind

All briefs

USDCAD at 1.42374, New York range 24.6 pips

The CAD Ivey PMI prints at 14:00 UTC, 24 minutes away

USDCAD · New York session · Published Oct 6, 2026, 1:35 PM

USDCAD last trades at 1.42374, inside a New York session that has run 24.6 pips between 1.42548 and 1.42302. The nearest level above is the prior week high at 1.42630, 25.6 pips away, and the nearest below is the prior day low at 1.42376, 0.2 pips away.

London closed at 1.42506 after a 41.4 pip range between 1.42854 and 1.42439. The prior trading day covered 56.2 pips, and an ordinary day of the last 14 covers 50.6 pips, with the latest day at the 52nd percentile of the last 42 days, an ordinary day for this market.

The CAD Ivey PMI is scheduled for 14:00 UTC, with a forecast of 65.2 and a previous of 64.3. Over 38 past pmi_cad releases USDCAD moved 9.77 pips on average in the first 15 minutes and 14.11 in the first 60, in either direction.

Large speculators are net short 78671 contracts, a change of -25461 on the week, the 51st percentile of the last 52 weekly reports. The U.S. International Trade in Goods and Services release was graded impact 2 of 3 for USDCAD.

Session brief

  1. USDCAD, New York sessionOpen 1.42506, high 1.42548, low 1.42302, close 1.42374: a range of 24.6 pips over 96 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, London sessionOpen 1.42782, high 1.42854, low 1.42439, close 1.42506: a range of 41.4 pips over 300 minutes, from our own one-minute candles.
  4. USDCAD daily rangeAn ordinary day of the last 14 covers 50.6 pips. The latest day sits at the 52nd percentile of the last 42 days we hold, which is an ordinary day for this market. Measured on our own candles.
  5. CAD Ivey PMIScheduled 2026-10-06 14:00 UTC, impact 2 of 3. Forecast 65.2. Previous 64.3. From Forex Factory.
  6. USDCAD reaction to pmi_cadOver 38 past releases USDCAD moved 9.77 pips on average in the first 15 minutes and 14.11 in the first 60, in either direction. Measured on our own one-minute candles.
  7. CFTC Commitments of Traders, 090741Large speculators are net short 78671 contracts, a change of -25461 on the week. That is the 51st percentile of the last 52 weekly reports.
  8. U.S. International Trade in Goods and Services, August 2026U.S. Bureau of Economic Analysis. 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.