USD/CAD bias flipped 6 times to weak bearish on September 15, 2026
The Canadian dollar is receiving support from higher oil prices amid reported Saudi pipeline disruptions, while facing pressure from U.S. dollar strength linked to expectations for Federal Reserve tightening. Mixed Canadian inflation data and Canada's ongoing trade-war difficulties are also affecting the currency, with the pair described as consolidating near 1.3900 ahead of the Fed.
Updated
The reading that day
Weak bearishAt the close of the UTC day.
BearishNeutralBullish
It changed 6 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
- 00:00Weak bullish
- 01:15Neutral
- 12:17Weak bearish
- 13:07Neutral
- 13:37Weak bearish
- 13:52Neutral
- 17:18Weak bearish
Headlines (10)
First seen on September 15
- Canadian Dollar consolidates near 1.3900 as oil gains offset bullish USD ahead of FedFXStreet
- Canadian Dollar languishes near 0.8200 as Fed tightening bets buoy US DollarFXStreet
- Canadian Dollar remains vulnerable aas Fed takes centre stageFXStreet
Carried over from earlier days
- Canadian Dollar gains support from higher oil prices amid Saudi pipeline disruptionsFXStreet
- Euro drops against Canadian Dollar amid energy shocks, growing Fed rate hike pressuresFXStreet
- Canada's Trade War Struggle Puts Loonie Under Pressure. Forecast as of 14.09.2026LiteFinance
- Canada August CPI 3.0% y/y vs 3.0% expectedInvestingLive
- Canadian Dollar remains under pressure following mixed inflation dataFXStreet
- USD/CAD Price Forecast: Buyers challenge 100-day SMA after double-bottom formationFXStreet
- Loonie holds near 12-day low as oil support fails to offset dollar strengthInvesting.com
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Tuesday, September 15 | ||
| ADP Weekly Employment Change | USD | |
| Wholesale Sales m/m | -0.5% | CAD |
| Empire State Manufacturing Index | 14.8 | USD |
| Treasury Sec Bessent Speaks | USD | |
| API Weekly Statistical Bulletin | USD | |
| Annual Budget Release | CAD | |
| Wednesday, September 16 | ||
| Housing Starts | 243K | CAD |
| Import Prices m/m | 0.4% | USD |