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USDCAD holds 1.42068, mid the New York range

US Business Inventories and Retail Inventories are due at 14:00 UTC, 14 minutes away

USDCAD · New York session · Published Oct 15, 2026, 1:45 PM

USDCAD last traded at 1.42068, inside a New York session that has run 24.6 pips between 1.41978 and 1.42224. The nearest level above is the previous session high at 1.42166, 9.8 pips away, and the nearest below is the prior week low at 1.42048, 2.0 pips away.

London closed at 1.42060 after a 24.2 pip range between 1.41924 and 1.42166. The prior trading day ran 103.1 pips from 1.41970 to 1.43000, while an ordinary day of the last 14 covers 62.2 pips, and the latest day sits at the 95th percentile of the last 43 days we hold, an unusually wide day for this market.

On the calendar, USD Business Inventories m/m and Retail Inventories m/m are scheduled for 14:00 UTC, with forecasts of 0.4% and 0.3%. The EIA Crude Oil Stocks Change follows at 16:00 UTC, impact 3 of 3, with a forecast of -0.831 M. Over 10 past speech_usd releases, USDCAD moved 5.03 pips on average in the first 15 minutes and 7.97 in the first 60, in either direction.

Large speculators are net short 90163 contracts, a change of -11492 on the week, the 55th percentile of the last 52 weekly reports. The loudest headline for USDCAD is from Action Forex at 12:51 UTC, graded impact 2 of 3, and FXStreet at 12:37 UTC also carries impact 2 of 3.

Session brief

  1. USDCAD, New York sessionOpen 1.42060, high 1.42224, low 1.41978, close 1.42068: a range of 24.6 pips over 105 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 1.42162, high 1.42166, low 1.41924, close 1.42060: a range of 24.2 pips over 300 minutes, from our own one-minute candles.
  4. USDCAD, previous trading dayHigh 1.43000, low 1.41970, close 1.42367 on 2026-10-14, a range of 103.1 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 62.2 pips. The latest day sits at the 95th percentile of the last 43 days we hold, which is an unusually wide day for this market. Measured on our own candles.
  6. USD Business Inventories m/mScheduled 2026-10-15 14:00 UTC, impact 2 of 3. Forecast 0.4%. Previous 0.8%. From Forex Factory.
  7. USD Retail Inventories m/mScheduled 2026-10-15 14:00 UTC, impact 2 of 3. Forecast 0.3%. Previous 0.3%. From MQL5 Economic Calendar.
  8. USD EIA Crude Oil Stocks ChangeScheduled 2026-10-15 16:00 UTC, impact 3 of 3. Forecast -0.831 M. Previous -3.186 M. From MQL5 Economic Calendar.
  9. USDCAD reaction to speech_usdOver 10 past releases USDCAD moved 5.03 pips on average in the first 15 minutes and 7.97 in the first 60, in either direction. Measured on our own one-minute candles.
  10. CFTC Commitments of Traders, 090741Large speculators are net short 90163 contracts, a change of -11492 on the week. That is the 55th percentile of the last 52 weekly reports.
  11. US PPI Surges 1.3% as Energy Prices Spike, but Core Inflation Also Beats ForecastsAction Forex. Graded impact 2 of 3 for USDCAD by our headline classifier.
  12. United States producer inflation jumps 6.3% in September vs. 5.3% expectedFXStreet. 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.