USD/CAD bias flipped 8 times to weak bullish on October 9, 2026
The Canadian dollar has traded near 18-month lows around the 1.42s against the US dollar after Canada reported a September employment decline of 68.3K, compared with expectations for a 9.2K gain. Price action has also been linked to shifts in broader risk sentiment affecting the US dollar, as well as oil prices and the yield gap.
Updated
The reading that day
Weak bullishAt the close of the UTC day.
BearishNeutralBullish
It changed 8 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
- 00:00Bearish
- 02:38Neutral
- 07:04Weak bullish
- 11:29Bullish
- 12:09Neutral
- 12:34Bullish
- 12:49Weak bearish
- 13:49Neutral
- 16:40Weak bullish
Headlines (14)
First seen on October 9
- Canadian Dollar strengthens as risk-on mood weighs on US DollarFXStreet
- Canadian Dollar gathers strength ahead of employment reportFXStreet
- Canadian Dollar: Policy divergence weighs on CAD against US Dollar – RabobankFXStreet
- Canada September employment change -68.3K vs +9.2K expectedInvestingLive
- Canadian Dollar underperforms after Canada sheds 68.3K jobs in SeptemberFXStreet
- Canada loses 68.3K jobs and the Loonie falls to an 18-month lowFXStreet
Carried over from earlier days
- Euro falls against Canadian Dollar as surging oil prices overpower strong German dataFXStreet
- Canadian Dollar loses ground ahead of Fed MinutesFXStreet
- Canadian Dollar hangs near April 2025 lows as USD sticks to bullish tone amid hawkish FedFXStreet
- Canadian Dollar weakens despite higher oil pricesFXStreet
- Euro falls against Canadian Dollar amid French debt fears, oil rallyFXStreet
- Canadian Dollar nears 18-month lows as risk aversion buoys the US DollarFXStreet
- Canadian Dollar: Consolidation near 1.42s against US Dollar – ScotiabankFXStreet
- Canadian dollar gains as oil rally, narrower yield gap support loonieInvesting.com
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Friday, October 9 | ||
| Employment Change | 6.1K | CAD |
| Unemployment Rate | 6.5% | CAD |
| Prelim UoM Consumer Sentiment | 47.5 | USD |
| Prelim UoM Inflation Expectations | USD | |
| FOMC Member Collins Speaks | USD | |
| Sunday, October 11 | ||
| Fed Monetary Policy Report | USD | |
| Monday, October 12 | ||
| FOMC Member Hammack Speaks | USD | |
| Bank Holiday | USD | |