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USDCAD at 1.40361 near the top of a 26 pip New York range

A USD 2-Year Note Auction is scheduled for 17:00 UTC, impact 2 of 3

USDCAD · New York session · Published Oct 26, 2026, 1:35 PM

USDCAD last traded at 1.40361, near the top of a New York session that has run 26 pips between 1.40105 and 1.40365. The nearest level above is the round number at 1.41000, 63.9 pips away, and the nearest below is the previous session high at 1.40266, 9.5 pips under the last price.

The London session before it covered 17.9 pips between 1.40088 and 1.40266 and closed at 1.40146. An ordinary day of the last 14 covers 68.4 pips, and the latest day sits at the 31st percentile of the last 42 days we hold, which is an ordinary day for this market.

After the auction, USD Durable Goods Orders m/m is scheduled for 2026-10-27 12:30 UTC at impact 3 of 3, with Core Durable Goods Orders m/m at the same time. Over 45 past releases of that family USDCAD moved 6.37 pips on average in the first 15 minutes and 16.36 in the first 60, in either direction.

Large speculators are net short 74709 contracts, a change of 20056 on the week and the 49th percentile of the last 52 weekly reports. Among the headlines graded for USDCAD, FXStreet's Canadian Dollar: BoC rate hike bets boost support against USD - BBH carried impact 2 of 3 at 08:21 UTC.

Session brief

  1. USDCAD, New York sessionOpen 1.40146, high 1.40365, low 1.40105, close 1.40361: a range of 26 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 1.40122, high 1.40266, low 1.40088, close 1.40146: a range of 17.9 pips over 300 minutes, from our own one-minute candles.
  4. USDCAD daily rangeAn ordinary day of the last 14 covers 68.4 pips. The latest day sits at the 31st percentile of the last 42 days we hold, which is an ordinary day for this market. Measured on our own candles.
  5. USD Durable Goods Orders m/mScheduled 2026-10-27 12:30 UTC, impact 3 of 3. Forecast 1.8%. Previous 0.0%. From Forex Factory.
  6. USDCAD reaction to durable_goods_usdOver 45 past releases USDCAD moved 6.37 pips on average in the first 15 minutes and 16.36 in the first 60, in either direction. Measured on our own one-minute candles.
  7. CFTC Commitments of Traders, 090741Large speculators are net short 74709 contracts, a change of 20056 on the week. That is the 49th percentile of the last 52 weekly reports.
  8. Canadian Dollar: BoC rate hike bets boost support against USD - BBHFXStreet. Graded impact 2 of 3 for USDCAD by our headline classifier.
  9. USD 2-Year Note AuctionScheduled 2026-10-26 17:00 UTC, impact 2 of 3. Previous 4.787%. 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.