Canadian jobs data coming up next
The Canadian dollar is in focus in early North American trade today with the June jobs report teed up. The consensus -- as it alwasy seems to be -- is +10K but Canadian employment numbers are wildly volatile. The prior reading was +87.8K, which was the strongest reading since Dec
USD/CAD — All Desk Targets
| Firm | Stance | YE 2026 |
|---|---|---|
Bank of America | Bullish | 1.35 |
Rabobank | Bullish | 1.36 |
Citi | Bearish | 1.43 |
All 23 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.
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Cross-firm research
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.
USD/CAD Consensus Check: Spot at 1.4223, Median Target 1.35 — Week of October 7, 2026
USD/CAD trades at 1.4223, roughly 5.35% above the 25-firm median Dec-26 target of 1.35, with dispersion spanning 0.11 from Deutsche Bank to Citi.