USD/CAD falls below 1.4000 on BoC-Fed divergence and spending data: Oct 24, 2026
USD/CAD fell below 1.4000 as stronger Canadian spending data and focus on Fed-Bank of Canada policy divergence put attention on the Canadian dollar. Reports point to Bank of Canada inflation concerns and talk of preemptive tightening, with the pair described as pressured near 1.40. Higher crude oil prices were also noted as a factor for the Canadian dollar in cross markets.
Updated
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Headlines (8)
First seen on October 24
Carried over from earlier days
- Euro weakens against Canadian Dollar amid higher crude oil prices weigh on EUR/CADFXStreet
- The Bank of Canada at an Inflection Point: Inflation Fears Live onActionForex
- Canadian Dollar: Pressured near 1.40 against US Dollar – TD SecuritiesFXStreet
- Canada August retail sales +1.2% vs +1.3% expectedInvestingLive
- Canadian Dollar extends winning streak as Fed-BoC policy divergence comes into focusFXStreet
- USDCAD falls below 1.4000 as stronger Canadian spending keeps sellers in controlInvestingLive
- Bank of Canada: Preemptive tightening focus – RBCFXStreet
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Sunday, October 25 | ||
| Fed Monetary Policy Report | USD | |
| Tuesday, October 27 | ||
| ADP Weekly Employment Change | USD | |
| Durable Goods Orders m/m | 1.8% | USD |
| Core Durable Goods Orders m/m | 0.6% | USD |
| S&P/CS Composite-20 HPI y/y | 2.7% | USD |
| HPI m/m | 0.1% | USD |
| CB Consumer Confidence | 80.5 | USD |
| New Home Sales | 649K | USD |