USD/CAD bias held neutral on October 3, 2026
USD/CAD has pulled back to near 1.4200 after reaching nearly 18-month highs, with commentary highlighting a shooting star pattern following September's surge. Focus is now on the upcoming economic calendar, including U.S. ISM services and Fed minutes alongside Canadian jobs data, while tariff effects on Canada's labour market provide additional context for the Canadian dollar.
Updated
The reading that day
NeutralAt the close of the UTC day.
BearishNeutralBullish
It held all 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
Headlines (10)
Carried over from earlier days
- 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 falls as oil prices dip, US Dollar gains strengthFXStreet
- USD/CAD Price Forecast: Falls to near 1.4200 after pulling back from nearly 18-month highsFXStreet
- Euro gains against Canadian Dollar ahead of Eurozone HICP dataFXStreet
- USD/CAD Shooting Star Puts September Surge on NoticeInvesting.com
- USD/CAD: Elliott Wave Analysis and Forecast for 02.10.26–09.10.26LiteFinance
- Canada labour market: Tariff effects assessed – RBCFXStreet
- Week ahead: ISM services, Fed minutes and Canadian jobs lead the economic calendar. Be aware.InvestingLive
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Monday, October 5 | ||
| Final Services PMI | 58.7 | USD |
| ISM Services PMI | 55.1 | USD |
| Tuesday, October 6 | ||
| Trade Balance | 1.3B | CAD |
| Trade Balance | -95.2B | USD |
| Ivey PMI | 65.2 | CAD |
| FOMC Member Bowman Speaks | USD | |
| API Weekly Statistical Bulletin | USD | |
| FOMC Member Logan Speaks | USD | |