USD/CAD bias flipped 3 times to bullish on September 18, 2026
The Canadian Dollar slid to a five-week low with USD/CAD trading near 1.4000 after the Federal Reserve's hawkish decision, which supported the U.S. Dollar alongside higher U.S. yields. The move matters for the pair because a wider U.S.-Canada rate gap and trade tensions have kept pressure on the Canadian currency, which also weakened against other major currencies in the week ending September 18.
Updated
The reading that day
BullishAt the close of the UTC day.
BearishNeutralBullish
It changed 3 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
- 00:00Bullish
- 01:51Neutral
- 12:32Bearish
- 14:27Bullish
Headlines (12)
First seen on September 18
- Canadian Dollar bears retain control near August 7 low amid US-Canada rate gap/trade warFXStreet
- Canadian Dollar dips as Fed, US yields support the US DollarFXStreet
- Canadian dollar weakens against major currencies in the week ending September 18Investing.com
Carried over from earlier days
- After Years of Holds and Cuts, the Fed Just Raised Rates AgainBitcoin.com News
- Fed hike sends the Loonie to a six-week lowFXStreet
- Loonie weakens after Fed hike as dollar gains on hawkish outlookInvesting.com
- The technical levels in play for the EURUSD, USDJPY, GBPUSD and USDCAD following the Fed hikeInvestingLive
- Canadian Dollar slides to five-week low after Fed’s hawkish decisionFXStreet
- Trump threatens to end trade with Mexico and Europe after rate hikeAl Jazeera
- 1.4000 within reach: USD/CAD consolidates gains after Fed’s hawkish hikeFXStreet
- Canadian Dollar: Underperformance persists on wider spreads – ScotiabankFXStreet
- Canadian Dollar remains under pressure as USD/CAD flirts with 1.4000FXStreet
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Friday, September 18 | ||
| Capacity Utilization Rate | 76.4% | USD |
| Industrial Production m/m | 0.3% | USD |
| FOMC Member Bowman Speaks | USD | |
| CB Leading Index m/m | 0.1% | USD |
| FOMC Member Schmid Speaks | USD | |
| Monday, September 21 | ||
| FOMC Member Goolsbee Speaks | USD | |
| BOC Gov Macklem Speaks | CAD | |
| Tuesday, September 22 | ||
| ADP Weekly Employment Change | USD | |