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USDCAD at 1.42730, New York range 73.5 pips

Michigan inflation expectations and consumer sentiment land at 14:00 UTC, 24 minutes away

USDCAD · New York session · Published Oct 9, 2026, 1:35 PM

USDCAD last trades at 1.42730, inside a New York session that has run 73.5 pips between 1.42255 and 1.42990. The nearest level above is the prior day high at 1.42778, 4.8 pips away, with the round number at 1.43000 at 27 pips above. Below sit the prior week high at 1.42630, 10.0 pips under the last price, and the session open at 1.42296, 43.4 pips lower.

London closed at 1.42296 after a 23.6 pip range between 1.42165 and 1.42402. The prior trading day covered 60.7 pips, from 1.42170 to 1.42778. An ordinary day of the last 14 covers 55.0 pips, and the latest day sits at the 64th percentile of the last 44 days we hold, which is an ordinary day for this market.

At 14:00 UTC, 24 minutes from now, the USD Prelim UoM Inflation Expectations, the Michigan 5-Year Inflation Expectations, the Michigan Consumer Expectations and the Prelim UoM Consumer Sentiment are all scheduled. Over 48 past releases of the inflation expectations family, USDCAD moved 8.21 pips on average in the first 15 minutes and 14.83 in the first 60, in either direction. The sentiment family shows 8.32 pips over 15 minutes and 14.49 over 60 across 72 releases.

Large speculators are net short 78671 contracts, a change of -25461 on the week, the 51st percentile of the last 52 weekly reports. Among headlines graded for USDCAD, investingLive at 06:06 UTC puts US inflation expectations in focus in today's Michigan consumer survey.

Session brief

  1. USDCAD, New York sessionOpen 1.42296, high 1.42990, low 1.42255, close 1.42730: a range of 73.5 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 1.42184, high 1.42402, low 1.42165, close 1.42296: a range of 23.6 pips over 300 minutes, from our own one-minute candles.
  4. USDCAD, previous trading dayHigh 1.42778, low 1.42170, close 1.42260 on 2026-10-08, a range of 60.7 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 55.0 pips. The latest day sits at the 64th percentile of the last 44 days we hold, which is an ordinary day for this market. Measured on our own candles.
  6. USD Prelim UoM Inflation ExpectationsScheduled 2026-10-09 14:00 UTC, impact 2 of 3. Forecast 4.3%. Previous 4.6%. From Forex Factory.
  7. USDCAD reaction to inflation_expectations_usdOver 48 past releases USDCAD moved 8.21 pips on average in the first 15 minutes and 14.83 in the first 60, in either direction. Measured on our own one-minute candles.
  8. USDCAD reaction to sentiment_usdOver 72 past releases USDCAD moved 8.32 pips on average in the first 15 minutes and 14.49 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. Economic data spotlight: US inflation expectations in focus in today's Michigan consumer surveyinvestingLive. 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.