USD/CAD bias flipped 2 times to bullish on October 1, 2026
The Canadian dollar has been trading near two-month lows, weighed by falling oil prices and sustained U.S. dollar strength linked to a resilient U.S. economy and yield differences. Expectations around a Fed pause have helped steady the loonie at times, with USD/CAD recently trading below 1.4200 while testing trendline support.
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
- 00:00Bullish
- 15:56Weak bearish
- 18:01Bullish
Headlines (13)
First seen on October 1
- Canadian Dollar seems vulnerable near two-month low as USD maintains bullish undertoneFXStreet
- Canadian Dollar steadies as Fed pause bets clash with resilient US economyFXStreet
- USDJPY and USDCHF break lower as USDCAD tests trendline supportInvestingLive
- Canadian dollar weakens as U.S. dollar strength, yield gap keeps pressureInvesting.com
Carried over from earlier days
- Canadian Dollar slumps to its lowest level since July 9, eyes 1.4200 vs bullish USDFXStreet
- USDCAD: Fair value estimate stands at 1.4068 – ScotiabankFXStreet
- 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
- Canadian Dollar remains subdued near two-month lows as falling oil prices weighFXStreet
- USD/CAD Price Forecast: Declines below 1.4200, while staying technically bullish above 100-day SMAFXStreet
- Euro holds gains against Canadian Dollar despite weak German Retail Sales dataFXStreet
- Loonie's rate relief comes after the Fed stops hikingFXStreet
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Thursday, October 1 | ||
| Challenger Job Cuts y/y | USD | |
| Unemployment Claims | 201K | USD |
| FOMC Member Collins Speaks | USD | |
| FOMC Member Schmid Speaks | USD | |
| FOMC Member Barkin Speaks | USD | |
| Manufacturing PMI | CAD | |
| Final Manufacturing PMI | 56.9 | USD |
| Construction Spending m/m | 0.0% | USD |