Canada and the US discussing tariff relief deal
The Globe & Mail is out with a somewhat optimistic report on the Canadian trade situation and, in turn, the Canadian dollar. It highlights trade negotiations that are currently ongoing between the US and Canada, and appear to be in the final stretch. It says: Canada would address
USD/CAD — All Desk Targets
| Firm | Stance | YE 2026 |
|---|---|---|
Goldman Sachs | Bullish | 1.35 |
Bank of America | Bullish | 1.35 |
Rabobank | Bullish | 1.36 |
All 23 desk targets for USD/CAD
Desk synthesis pending
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Cross-firm research
USD/CAD Consensus Check: Spot at 1.4257, Median Target 1.35 — Week of October 10, 2026
USD/CAD trades at 1.4257, some 5.60% 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 at 1.424 Sits 5.5% Above Consensus: Week of October 9, 2026
USD/CAD spot at 1.424 trades 5.48% above the 25-firm Dec-26 median of 1.35, with a 0.11 dispersion range signalling broad bearish conviction on the pair.
USD/CAD Consensus Check: Week of October 8, 2026
Spot USD/CAD at 1.4267 sits 5.68% above the 25-firm Dec-26 median of 1.35, signalling a heavily bearish consensus with 0.11 of dispersion.