Bank of Canada rate decision 2.25% vs 2.25% expected
USD/CAD — All Desk Targets
26 desks
| Firm | Stance | YE 2026 |
|---|---|---|
Rabobank | Bullish | 1.36 |
ING | Bearish | 1.42 |
MUFG | Bullish | 1.34 |
All 26 desk targets for USD/CAD
From the original
Prior was 2.25% Rates have been held steady since a cut in October Before the decision, the market was pricing in 2.4 bps of hiking at the July 15 meeting, or a 10% chance of a hike. Skipping ahead to December, there are 36 bps of hiking priced in, or a hike and a 44% chance of a
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