USD/CAD: 20-day volatility 0.211% daily (2nd pct)

On 2026-07-27, USD/CAD closed at 1.40865, up 0.01% on the day. It trades at 78.9% of its 52-week range. Its RSI(14) of 49.89 is in the 49th percentile of its history since 2003, and its 20-day return of -0.73% in the 35th percentile. Leveraged-money positioning is net -26.9% of open interest, in the 20th percentile of its own two-year range. Its 20/50/200-day moving averages are 1.41329 / 1.40223 / 1.38539, with price -0.33% / +0.46% / +1.68% against them. Its 52-week range is 1.3484–1.42478; it closed 1.13% below the high and 4.47% above the low. Its 20-day volatility is 0.211% daily, in the 2nd percentile of its history since 2003. Its 14-day average true range (ATR) is 0.00579 (57.9 pips), 0.41% of price. It has returned +0.48% over 5 days and +3.67% over 60 days.

=== USD/CAD  (pip 0.0001) ===
  >> close 1.40865  +0.011%   · 20d vol 0.211% daily (2nd pct, since 2003 (5922 obs))
  price & change   (as of 2026-07-27, prior 2026-07-24)
    close       1.40865
    change      +0.00016  (+0.011%, +1.6 pips)
    gap         -0.00024  (-2.4 pips)  (cross-session move on continuous FX; not a feed gap)
  range            (as of 2026-07-27)
    range       0.00473  (47.3 pips)
    close pos   34.7% of range
  moving averages  (as of 2026-07-27)
     20d MA     1.41329   price below by -0.33%
     50d MA     1.40223   price above by +0.46%
    200d MA     1.38539   price above by +1.68%
    price mixed vs MAs
    stack: 20d > 50d > 200d
  volatility       (as of 2026-07-27)
    20d stdev   0.211% daily ≈ 3.3% annualized (×√252)   (2nd pct of own history, since 2003 (5922 obs))
    vs easing-2024 avg  0.64× (0.211% vs 0.327% era avg)
  ATR              (as of 2026-07-27)
    ATR(14)    0.00579  (57.9 pips)
    ATR%        0.41%   (2nd pct of own history, since 2003 (5928 obs))
    range/ATR   81.7%
  52-week range    (as of 2026-07-27)
    high        1.42478   (-1.13% from high)
    low         1.34840   (+4.47% from low)
  momentum         (as of 2026-07-27)
    RSI(14)     49.89   (49th pct of own history, since 2003 (5928 obs))
  returns          (as of 2026-07-27)
     5d return  +0.48%
    20d return  -0.73%
    60d return  +3.67%
  volatility by rate-era
    pre-crisis       0.6422%   (from 2003-09-17)
    ZIRP-2009        0.5827%
    tightening-2015  0.4850%
    ZIRP-2019        0.4557%
    tightening-2022  0.4399%
    easing-2024      0.3273%
  positioning      (as of 2026-07-21)
    next COT     as of 2026-07-28 (released ~that Fri, later if a holiday intervenes)
    net         -98,377 contracts (net short CAD; = long USD in USD/CAD terms)
    net % OI    -26.9%
    net%OI range -31.9% … -6.8% (own 134w)
    w/w change  -5,606
  rate differential (USD–CAD policy)
    USD (EFFR)            3.63%  (as of 2026-07-24, daily effective)
    next Fed              2026-07-29  (2 days)
    CAD (BOC_TARGET)      2.25%  (as of 2026-07-24, announced target)
    next BoC              2026-09-02  (37 days)
    differential    +1.38%  (base−quote)
  cross-asset corr (26w weekly returns; async daily closes cap the magnitude)  (as of 2026-07-27)
    vs DXY      +0.43
    vs S&P 500  -0.26
    vs DXY beta +0.36 (26w)