Bank of Canada Governor Macklem answers questions after BOC rate decision. What are the implications?
Bank of Canada Governor Tiff Macklem commented on inflation risks and the outlook for monetary policy following the BOC’s rate decision. His comments could impact the value of the CAD. Inflation is too high. Inflation is very concentrated in gasoline and oil prices. Risks are shi
USD/CAD — All Desk Targets
| Firm | Stance | YE 2026 |
|---|---|---|
Rabobank | Bullish | 1.36 |
ING | Bearish | 1.42 |
MUFG | Bullish | 1.34 |
All 26 desk targets for USD/CAD
Desk synthesis pending
We’re writing the institutional analysis for this note — multi-section body, firm-by-firm alignment chips, key takeaways, market implications, risks. The synthesizer processes the queue hourly, with priority by citation density.
In the meantime, the most useful reads are the related coverage below — it reaches the same substance from different angles.
Sources & References
How we cover this story
Cross-firm research
USD/CAD Consensus Check: Spot at 1.4101 vs 1.36 Median, Week of Nov 6 2026
USD/CAD trades 3.69% above the 26-firm Dec-26 median of 1.36, with a 0.11 dispersion range flagging unusually wide disagreement on the BoC-Fed gap.
USD/CAD Consensus Check: Spot at 1.3956 vs 1.36 Target, Week of November 5, 2026
USD/CAD trades 2.61% above the 26-firm median Dec-26 target of 1.36, with a 0.11 dispersion range signalling genuine strategic disagreement on the BoC-Fed gap.
USD/CAD Consensus Check: Spot at 1.3957, Median Target 1.36 — Week of November 4, 2026
USD/CAD trades 2.63% above the 26-firm median Dec-26 target of 1.36, with a 0.11 spread separating Citi's 1.43 from Deutsche Bank's 1.32.