USD/CAD news for September 23, 2026
The Canadian dollar has slipped to its weakest level since early August against a firm U.S. dollar. Headlines link pressure on the loonie to swings in oil prices, expectations for Bank of Canada policy, and trade risks, including hopes for Iran diplomacy weighing on oil. They also note brief Canadian dollar strength when oil prices rose ahead of potential U.S.-Iran talks.
Updated
The reading that day
BullishAt the close of the UTC day.
BearishNeutralBullish
It changed 2 times during the day.
The day on the wire
00:0006:0012:0018:0024:00
The band shows the reading through the day; a mark shows where it changed. Each tick is a headline first seen that day.
The reading through the day
- 00:00Neutral
- 01:44Weak bearish
- 07:15Bullish
Headlines (14)
First seen on September 23
- Canadian Dollar seems vulnerable as Iran diplomacy hopes weigh on oil pricesFXStreet
- USD/CAD Price Forecast: Eyes 1.4100 as bulls retain control near July 29 highsFXStreet
- Oil Rout and Trade Risks Leave Loonie Vulnerable. Forecast as of 23.09.2026LiteFinance
- Oil rebounds above $90: Why is the Canadian Dollar still falling?FXStreet
- Canadian Dollar: Bearish trend targets 1.4125 – ScotiabankFXStreet
Carried over from earlier days
- Canadian Dollar seems vulnerable near August 7 low amid sliding oil prices, trade tensionsFXStreet
- USD/CAD Price Forecast: Strengthens above 1.4000, bullish tone prevails above key averagesFXStreet
- Canadian Dollar remains under pressure as hawkish Fed contrasts with steady BoCFXStreet
- BoC’s Macklem sees inflation drifting higher as uncertainty lingersFXStreet
- Canadian Dollar hits fresh low since August 5, seems vulnerable vs bullish USDFXStreet
- Canadian Dollar strengthens on rising oil prices ahead of potential US-Iran talksFXStreet
- Canadian Dollar hesitates as Oil falls amid Hormuz reopening talksFXStreet
- Canadian Dollar: USD strength keeps CAD weakness in focus - ScotiabankFXStreet
- Canadian Dollar dips as Oil slump, dovish BoC outlook underpin USD strengthFXStreet
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Wednesday, September 23 | ||
| Flash Services PMI | 55.8 | USD |
| Flash Manufacturing PMI | 53.6 | USD |
| FOMC Member Barr Speaks | USD | |
| Crude Oil Inventories | -0.7M | USD |
| FOMC Member Goolsbee Speaks | USD | |
| Thursday, September 24 | ||
| FOMC Member Williams Speaks | USD | |
| Retail Sales m/m | -0.8% | CAD |
| Current Account | -258B | USD |