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 |
|---|---|---|
UBS | Bullish | 1.34 |
Standard Chartered | Bullish | 1.34 |
Morgan Stanley | Bullish | 1.34 |
All 25 desk targets for USD/CAD
Desk synthesis pending
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Cross-firm research
USD/CAD Consensus Check: Spot at 1.3855, Median Target 1.35 — Week of September 2, 2026
USD/CAD trades 2.63% above the 25-firm median Dec-26 target of 1.35, with a 0.11 dispersion range signalling meaningful disagreement on the BoC-Fed gap.
USD/CAD at 1.3896: Consensus Targets 1.35 by December 2026
USD/CAD trades 2.94% above the 25-firm December 2026 consensus of 1.35, with a 0.11 dispersion range reflecting deep disagreement on the BoC-Fed rate gap.
USD/CAD Consensus Check: Week of August 31, 2026
USD/CAD trades at 1.38603, roughly 2.67% above the 25-firm median Dec-26 target of 1.35, with dispersion spanning 0.11 across the panel.