Bank of Canada rate decision 2.25% vs 2.25% expected
Prior was 2.25% Highlights of the statement: Says Canada’s economy is showing signs of improvement Growth is picking up and inflation is projected to ease gradually from its recent spike. Says Governing Council will continue to assess the strength of the Canadian economy and the
USD/CAD — All Desk Targets
| Firm | Stance | YE 2026 |
|---|---|---|
BNP Paribas | Bullish | 1.35 |
UBS | Bullish | 1.34 |
Société Générale | Bullish | 1.40 |
All 25 desk targets for USD/CAD
Desk synthesis pending
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Sources & References
How we cover this story
Cross-firm research
USD/CAD Consensus Check: Spot at 1.3984 vs 1.35 Median Target, Week of September 19, 2026
USD/CAD trades at 1.3984, roughly 3.59% above the 25-firm median Dec-26 target of 1.35, with dispersion spanning 0.11 from Citi to Deutsche Bank.
USD/CAD Consensus Check: Spot at 1.3992, Median Target 1.35 — Week of September 18, 2026
USD/CAD trades at 1.3992, roughly 3.64% above the 25-firm median Dec-26 target of 1.35, with a 0.11 spread separating the most and least bearish desks.
USD/CAD Consensus Check: Spot at 1.3992, Median Target 1.35 — Week of September 17, 2026
USD/CAD trades at 1.3992, roughly 3.64% above the 25-firm median Dec-26 target of 1.35, with a 0.11 dispersion range signalling meaningful disagreement on the BoC-Fed policy gap.