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USDCAD at 1.42584, New York range 38.2 pips

FOMC Meeting Minutes at 18:00 UTC is the next high-impact release on the calendar

USDCAD · New York session · Published Oct 7, 2026, 1:35 PM

USDCAD last traded at 1.42584, inside a New York session that has run 38.2 pips between 1.42428 and 1.42810. The nearest level above is the prior week high at 1.42630, 4.6 pips away, and the nearest below is the previous session high at 1.42508, 7.6 pips away.

London closed at 1.42452 after a 32.4 pip range between 1.42183 and 1.42508. The prior trading day ran 78.9 pips, and an ordinary day over the last 14 covers 50.0 pips, with the latest day at the 83rd percentile of the last 42 days, a busy day for this market.

The EIA Crude Oil Stocks Change is scheduled for 14:30 UTC at impact 3 of 3. The 10-Year Note Auction follows at 17:00 UTC, and over 422 past releases of that family USDCAD moved 4.22 pips on average in the first 15 minutes and 7.44 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 loudest headline for this instrument is graded impact 2 of 3, published at 12:30 UTC.

Session brief

  1. USDCAD, New York sessionOpen 1.42452, high 1.42810, low 1.42428, close 1.42584: a range of 38.2 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 1.42208, high 1.42508, low 1.42183, close 1.42452: a range of 32.4 pips over 300 minutes, from our own one-minute candles.
  4. USDCAD, previous trading dayHigh 1.42854, low 1.42064, close 1.42079 on 2026-10-06, a range of 78.9 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 50.0 pips. The latest day sits at the 83rd percentile of the last 42 days we hold, which is a busy day for this market. Measured on our own candles.
  6. USD EIA Crude Oil Stocks ChangeScheduled 2026-10-07 14:30 UTC, impact 3 of 3. Forecast 1.070 M. Previous 0.922 M. From MQL5 Economic Calendar.
  7. USD 10-Year Note AuctionScheduled 2026-10-07 17:00 UTC, impact 3 of 3. Previous 4.834%. From MQL5 Economic Calendar.
  8. USDCAD reaction to auction_usdOver 422 past releases USDCAD moved 4.22 pips on average in the first 15 minutes and 7.44 in the first 60, in either direction. Measured on our own one-minute candles.
  9. 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.
  10. US Dollar: Assessing NFP release reliability – Standard CharteredFXStreet. Graded impact 2 of 3 for USDCAD by our headline classifier.
  11. USD FOMC Meeting MinutesScheduled 2026-10-07 18:00 UTC, impact 3 of 3. From Forex Factory.

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.