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USDCAD at 1.41016, 40.6 pips wide in the New York session

The BOC Business Outlook Survey is due at 15:30 UTC, 114 minutes away

USDCAD · New York session · Published Oct 19, 2026, 1:35 PM

USDCAD last traded at 1.41016, near the top of a New York session that has run between 1.40725 and 1.41132, a range of 40.6 pips. The nearest level above is the previous session high at 1.41020, 0.4 pips away, with the round number at 1.41000 just 1.6 pips below the price. Further out sit the prior day high at 1.41990, 97.4 pips above, and the prior day low at 1.41344, 32.8 pips below.

The London session closed at 1.40769 after trading between 1.40706 and 1.41020, a range of 31.3 pips over 300 minutes. An ordinary day of the last 14 covers 67.7 pips, and the latest day sits at the 62nd percentile of the last 42 days we hold, which is an ordinary day for this market.

After the survey, the next scheduled releases are the USD housing figures at 12:30 UTC on 2026-10-20, with Housing Starts forecast at 1.30M against a previous 1.28M and Building Permits forecast at 1.39M. Over 112 past releases of that family, USDCAD moved 5.60 pips on average in the first 15 minutes and 10.52 in the first 60, in either direction.

Large speculators are net short 94765 contracts, a change of -4602 on the week, the 59th percentile of the last 52 weekly reports. Among the headlines graded for USDCAD, Action Forex reported Canadian CPI rising on a gasoline surge while all three BoC core measures eased, published at 12:43 UTC at impact 2 of 3.

Session brief

  1. USDCAD, New York sessionOpen 1.40768, high 1.41132, low 1.40725, close 1.41016: a range of 40.6 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, London sessionOpen 1.40906, high 1.41020, low 1.40706, close 1.40769: a range of 31.3 pips over 300 minutes, from our own one-minute candles.
  4. USDCAD daily rangeAn ordinary day of the last 14 covers 67.7 pips. The latest day sits at the 62nd percentile of the last 42 days we hold, which is an ordinary day for this market. Measured on our own candles.
  5. USD Housing StartsScheduled 2026-10-20 12:30 UTC, impact 2 of 3. Forecast 1.30M. Previous 1.28M. From Forex Factory.
  6. USDCAD reaction to housing_usdOver 112 past releases USDCAD moved 5.60 pips on average in the first 15 minutes and 10.52 in the first 60, in either direction. Measured on our own one-minute candles.
  7. CFTC Commitments of Traders, 090741Large speculators are net short 94765 contracts, a change of -4602 on the week. That is the 59th percentile of the last 52 weekly reports.
  8. Canada CPI Rises to 3.1% on Gasoline Surge, but All Three BoC Core Measures EaseAction Forex. Graded impact 2 of 3 for USDCAD by our headline classifier.
  9. CAD BOC Business Outlook SurveyScheduled 2026-10-19 15:30 UTC, impact 2 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.