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USDCAD holds 1.40346 near the top of a 10.0 pip New York range

The USD CB Leading Economic Index m/m is due at 14:00 UTC, 24 minutes away

USDCAD · New York session · Published Oct 22, 2026, 1:35 PM

USDCAD last traded at 1.40346, inside a New York session that has run 10.0 pips between 1.40288 and 1.40387. The nearest level above is the previous session high at 1.40442, 9.6 pips away, and the nearest below is the previous session low at 1.40138, 20.8 pips away.

London ran 30.3 pips between 1.40138 and 1.40442 before closing at 1.40354, and the prior day covered 43.8 pips. An ordinary day of the last 14 covers 69.7 pips, and the latest day sits at the 26th percentile of the last 43 days we hold, which is an ordinary day for this market.

After the leading index, the USD 5-Year TIPS Auction is scheduled at 17:00 UTC. Over 422 past releases of that family USDCAD moved 4.29 pips on average in the first 15 minutes and 7.45 in the first 60, in either direction. CAD Core Retail Sales m/m and Retail Sales m/m follow at 12:30 UTC on 2026-10-23.

Large speculators are net short 94765 contracts, a change of -4602 on the week, the 59th percentile of the last 52 weekly reports. The loudest headline graded for USDCAD is the New Zealand Dollar underperformance piece at 11:10 UTC, impact 2 of 3.

Session brief

  1. USDCAD, New York sessionOpen 1.40355, high 1.40387, low 1.40288, close 1.40346: a range of 10.0 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 1.40204, high 1.40442, low 1.40138, close 1.40354: a range of 30.3 pips over 300 minutes, from our own one-minute candles.
  4. USDCAD daily rangeAn ordinary day of the last 14 covers 69.7 pips. The latest day sits at the 26th percentile of the last 43 days we hold, which is an ordinary day for this market. Measured on our own candles.
  5. USD 5-Year TIPS AuctionScheduled 2026-10-22 17:00 UTC, impact 2 of 3. Previous 1.955%. From MQL5 Economic Calendar.
  6. USDCAD reaction to auction_usdOver 422 past releases USDCAD moved 4.29 pips on average in the first 15 minutes and 7.45 in the first 60, in either direction. Measured on our own one-minute candles.
  7. CAD Core Retail Sales m/mScheduled 2026-10-23 12:30 UTC, impact 2 of 3. Forecast 1.1%. Previous -0.7%. From Forex Factory.
  8. 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.
  9. New Zealand Dollar underperforms as NZ inflation cools downFXStreet. Graded impact 2 of 3 for USDCAD by our headline classifier.
  10. USD CB Leading Economic Index m/mScheduled 2026-10-22 14:00 UTC, impact 2 of 3. Forecast 0.0%. Previous -0.1%. From MQL5 Economic Calendar.

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.