USD/CAD edges lower as Canada tries to close trade deal with Trump
Reports continue to highlight ongoing meetings between top negotiators from Canada and the United States ahead of an August 19 tariff deadline. CBC today reports that Canada-U.S. Trade Minister Dominic LeBlanc and his American counterpart "are aiming to present U.S. President Don
USD/CAD — All Desk Targets
| Firm | Stance | YE 2026 |
|---|---|---|
ING | Bullish | 1.33 |
Rabobank | Bullish | 1.36 |
Bank of America | Bullish | 1.35 |
All 25 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 and primary source below — both reach the same substance from different angles.
Sources & References
How we cover this story
Cross-firm research
USD/CAD at 1.386 vs 1.35 Consensus: BoC-Fed Gap and Oil Drive the Gap
USD/CAD trades 2.69% above the 25-firm Dec-26 consensus of 1.35, with a 0.11 dispersion range signalling genuine disagreement on the BoC-Fed path.
USD/CAD Consensus Check: Spot at 1.3816, Median Target 1.35 — Week of August 23, 2026
USD/CAD trades 2.34% 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.
USD/CAD Consensus Check: 1.3765 Spot vs 1.35 Target, Week of August 22, 2026
USD/CAD trades at 1.3765, nearly 2% above the 25-firm Dec-26 consensus of 1.35, as BoC-Fed divergence and oil keep the pair under pressure.