USD/CAD bias flipped 5 times to bullish on October 12, 2026
USD/CAD is holding around 1.4250 and testing an 18-month high after a Canada jobs shock, with sliding oil prices countering broad US dollar softness. The pair is trading in a quiet range as Federal Reserve and Bank of Canada policy outlooks diverge, while the Bank of Canada keeps its policy path steady with a cautious stance on inflation.
Updated
The reading that day
BullishAt 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
- 00:00Neutral
- 02:25Bullish
- 07:31Weak bullish
- 09:26Weak bearish
- 12:17Neutral
- 13:12Bullish
Headlines (6)
First seen on October 12
- Canadian Dollar flat lines around 1.4250 as sliding oil prices counter USD softnessFXStreet
- USD/CAD Price Forecast: US Dollar eases within range in a quiet sessionFXStreet
- USD/CAD Tests an 18-Month High After Canada Jobs Shock: What Futures Must ConfirmInvesting.com
- Euro falls against Canadian Dollar amid French debt crisisFXStreet
- Bank of Canada: Policy path steady with cautious inflation stance – TD SecuritiesFXStreet
- Canadian Dollar struggles as Fed and BoC policy outlooks divergeFXStreet
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Monday, October 12 | ||
| Bank Holiday | USD | |
| Bank Holiday | CAD | |
| FOMC Member Hammack Speaks | USD | |
| Tuesday, October 13 | ||
| FOMC Member Waller Speaks | USD | |
| NFIB Small Business Index | 98.1 | USD |
| ADP Weekly Employment Change | USD | |
| Existing Home Sales | 3.95M | USD |
| FOMC Member Barkin Speaks | USD | |