Key takeaways from the Bank of Canada meeting minutes for July 2026
The Bank of Canada meeting minutes for the July 15 rate decision commented: Ahead of the Bank of Canada's July 15 rate announcement, Governing Council members were split over whether the recent rebound in the economy would prove sustainable. Brazil's Labor Ministry reported that
USD/CAD — All Desk Targets
| Firm | Stance | YE 2026 |
|---|---|---|
Goldman Sachs | Bullish | 1.35 |
Bank of America | Bullish | 1.35 |
Scotiabank | Neutral | 1.41 |
All 23 desk targets for USD/CAD
Desk synthesis pending
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Cross-firm research
USD/CAD Consensus Check: Spot at 1.4135, Median Target 1.35 — Week of September 24, 2026
USD/CAD trades at 1.4135, roughly 4.70% 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 1.4086 vs 1.35 Median Target, Week of September 23, 2026
USD/CAD trades at 1.4086, roughly 4.34% above the 25-firm Dec-26 median target of 1.35, with a 0.11 dispersion range signalling meaningful disagreement on the policy-gap path.
USD/CAD Consensus Check: Spot at 1.4034 vs 1.35 Median Target, Week of September 22, 2026
USD/CAD trades at 1.4034, roughly 3.95% above the 25-firm median Dec-26 target of 1.35, with a 0.11 spread separating Citi from Deutsche Bank.