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 |
|---|---|---|
Bank of America | Bullish | 1.35 |
UBS | Bullish | 1.34 |
Rabobank | Bullish | 1.36 |
All 25 desk targets for USD/CAD
Desk synthesis pending
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Sources & References
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Cross-firm research
USD/CAD Consensus Check: Spot at 1.3997 vs 1.35 Target, Week of August 6, 2026
USD/CAD trades at 1.3997, roughly 3.68% above the 25-firm Dec-2026 consensus median of 1.35, with a 0.11 dispersion range signalling meaningful disagreement on the policy gap.
USD/CAD Consensus Check: Spot at 1.4062, Median Target 1.35 — Week of August 5, 2026
USD/CAD trades at 1.4062, roughly 4.2% above the 25-firm median Dec-2026 target of 1.35, with a 0.11 spread separating Citi from Deutsche Bank.
USD/CAD Consensus Check: Spot at 1.4073, Median Target 1.35 — Week of August 4, 2026
USD/CAD trades at 1.4073, roughly 4.24% 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.