SmartFinanceData · USD/CAD

USD/CAD Statistics & Probabilities

Comprehensive data insights from 11,179 trading days spanning 43 years of market history. Dataset covers 1980–2023 across daily, weekly, and monthly timeframes.

Updated 01 Apr 2026 n = 11,179 days 1980–2023
Sample
11,179
Total trading days
Weekly
1,230
Total weeks analysed
Monthly
284
Total months in dataset
Coverage
43
Years of price history
Market Direction

Daily Close Bias

51.6% Bullish
48.3% Bearish
5,761 days 5,418 days
🟢 Bullish Day Structure 5,761 days
Higher High 65.39% 3,767 days
Higher Low 71.6% 4,129 days
Lower High 33.66% 1,939 days
Lower Low 26.8% 1,549 days
🔴 Bearish Day Structure 5,418 days
Lower Low 64.38% 3,488 days
Lower High 69.60% 3,771 days
Higher Low 34.77% 1,884 days
Higher High 28.92% 1,567 days
Weekly Bias
Slightly Bullish 53.0% bullish weeks
Weekly bias aligns with the daily bullish lean. Mid-week sees heightened volatility.
Distribution

Bull vs Bear Day Split

Slight Bullish Bias

USD/CAD shows a slight bullish tilt — 51.6% of days close green over 43 years. 5,761 bullish vs 5,418 bearish days counted.

Dataset Overview

Historical Data Range

Start of range
09 Jan 1980
End of range
01 Jan 2023
Highest close
277.46
30 Sep 1982
Lowest close
75.784
28 Oct 2011
Largest gain
+5.24%
28 Oct 2008
Largest loss
−8.12%
07 Oct 1998
Avg daily volume
68,400
Peak volume day
1,542,744
18 Oct 2012
Timeframe Breakdown

Bullish vs Bearish Counts

Bullish daily edge
Bullish Days
5,761
51.6% of days
Bearish Days
5,418
48.3% of days
Bullish Weeks
652
53.0% of weeks
Bearish Weeks
578
47.0% of weeks
Bullish Months
144
50.7% of months
Bearish Months
140
49.3% of months
Statistical Profile

Volatility & Distribution

Leptokurtic Tails
0.006%
Mean
0.001%
Median
0.60%
Std Dev
0.08%
Std Error
0.004%
Variance
4.91
Kurtosis
−0.05
Skewness
+5.60%
Max Gain
−3.97%
Max Loss
Kurtosis comparison across tracked pairs
USD/CHF
13.30 ⚠️
USD/CAD
4.91
USD/JPY
3.23
AUD/USD
2.14

USD/CAD carries moderate tail risk — kurtosis of 4.91 sits well above USD/JPY and AUD/USD. The pair's fat tails reflect sensitivity to oil price shocks and North American macro events. The largest single-day loss (−8.12%) occurred 07 Oct 1998 during the Russia/LTCM crisis — an extreme outlier in a 43-year dataset.

Near-symmetric distribution with slight negative skew (−0.05) and moderate fat tails (kurtosis 4.91). 9.58% total return range — the Oct 1998 crash dominates the extreme loss tail.

Observations

Key Trading Insights

Near Even Split

51.6% bullish — almost perfect market balance

USD/CAD shows near-perfect balance with a 51.6% bullish close rate across 43 years — one of the tightest splits across all tracked pairs.

Bullish Momentum

65.39% higher highs on bullish days

Nearly two-thirds of bullish days push to a higher high — strong momentum continuation on green sessions, driven by oil and macro flows.

Bearish Conviction

69.60% lower highs on bearish days

On red days, sellers drive a lower high nearly 70% of the time — clean bearish structure that traders can anticipate with high confidence.

Mid-Week Volatility

Wednesday typically peaks in volatility

Wednesday consistently sees the highest intraday range across 43 years — driven by USD data events and mid-week liquidity expansion.

Extreme Outlier

−8.12% on 07 Oct 1998 — LTCM crisis

The largest single-day loss in the dataset occurred during the Russia default and LTCM collapse — a systemic shock unlike any other in 43 years of history.

Monthly Near-Parity

50.7% bullish months — fractional tilt

Monthly data shows a near-perfect split (144 bull / 140 bear) with only a fractional bullish edge — reinforcing USD/CAD's range-oscillating character.

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