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USD/CAD bias flipped 5 times to neutral on October 2, 2026

The Canadian Dollar has slipped as oil prices dipped while the US Dollar showed strength, with USD/CAD trading near a two-month low after pulling back from nearly 18-month highs to around 1.4200 and testing trendline support. Focus is on upcoming ISM services data, Fed minutes and Canadian jobs figures, along with assessment of tariff effects on Canada's labour market, as Fed pause bets are weighed against a resilient U.S. economy.

Updated

The reading that day

NeutralAt 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

  • 00:00Bullish
  • 08:17Weak bearish
  • 10:52Weak bullish
  • 11:22Neutral
  • 11:52Weak bullish
  • 17:58Neutral

Headlines (15)

First seen on October 2

Carried over from earlier days

Scheduled events

As of

EventForecastCurrency
Friday, October 2
Average Hourly Earnings m/m0.3%USD
Unemployment Rate4.1%USD
Non-Farm Employment Change89KUSD
FOMC Member Logan SpeaksUSD
Factory Orders m/m0.1%USD
FOMC Member Goolsbee SpeaksUSD
Monday, October 5
Final Services PMI58.7USD
ISM Services PMI55.1USD

October 2 on other markets

Latest USD/CAD pageAll USD/CAD daysAll markets