Thursday, October 15, 2026

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USD/CAD focuses on oil, 1.2450 resistance

USD/CAD fell from 1.2447-1.2371 after 10am ET Wednesday on volatile oil WTI below USD 51/barrel when spot near 1.2450, above USD 54/barrel later WTI at USD 52.75/barrel now, 75 cents lower on day USD/CAD offers pushed at…

By Meredith J C Warren
1 min read
EconoTimes — Reading the Times. Understanding the Future.

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  • USD/CAD fell from 1.2447-1.2371 after 10am ET Wednesday on volatile oil

  • WTI below USD 51/barrel when spot near 1.2450, above USD 54/barrel later

  • WTI at USD 52.75/barrel now, 75 cents lower on day

  • USD/CAD offers pushed at 1.2450 (Tuesday's London am high)

  • Key support seen at 1.2350 (1.2353 = Feb 3 low; 1.2360 = Tuesday low)

  • Weaker CAD no savior for falling auto sector 

 

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By FxWirePro Team