USD/CAD bias flipped 5 times to bullish on September 29, 2026
The Canadian dollar has slipped to its lowest level since July 9 around 1.4200 against the US dollar, pressured by expectations of a further widening in the US-Canada rate gap and a flat GDP reading. Softer oil prices and differing views among Fed officials on the timing of rate moves have also weighed on the currency, while Scotiabank puts fair value for USDCAD at 1.4068.
Updated
The reading that day
BullishAt the close of the UTC day.
BearishNeutralBullish
It changed 5 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
- 01:16Bullish
- 08:18Bearish
- 09:08Bullish
- 12:33Neutral
- 16:03Bullish
Headlines (12)
First seen on September 29
- Canadian Dollar slumps to its lowest level since July 9, eyes 1.4200 vs bullish USDFXStreet
- US Hits Canada With Ban on Some Dairy and Liquor ProductsThe New York Times
- Euro softens against Canadian Dollar amid ECB caution, oil strengthFXStreet
- USDCAD: Fair value estimate stands at 1.4068 – ScotiabankFXStreet
- America's Canadian import restrictions come into force. Here are the products barred from entryCNBC
- Canadian Dollar remains under pressure after flat GDP readingFXStreet
- USDCAD Technicals: The buyers continue to trend the USDCAD higher and higherInvestingLive
- The Canadian Dollar round-trips as Fed officials differ on hike timingFXStreet
Carried over from earlier days
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Tuesday, September 29 | ||
| GDP m/m | 0.0% | CAD |
| S&P/CS Composite-20 HPI y/y | 2.2% | USD |
| HPI m/m | 0.1% | USD |
| CB Consumer Confidence | 89.2 | USD |
| JOLTS Job Openings | 7.23M | USD |
| FOMC Member Bowman Speaks | USD | |
| FOMC Member Barr Speaks | USD | |
| FOMC Member Goolsbee Speaks | USD | |