USD/CAD Forecast: 1.4250 Bull Case vs 1.3350 Bear Case
USD/CAD trades at 1.3886 with the Fed 137.5bp above the Bank of Canada. Our bull case is 1.4250, the bear 1.3350, and why the 1.33-1.38 consensus is wrong.
- Target
- 1.4250
- Invalidation
- 1.3524
Major pairs, crosses and CFD market structure — levels, positioning and the macro behind the move.
USD/CAD trades at 1.3886 with the Fed 137.5bp above the Bank of Canada. Our bull case is 1.4250, the bear 1.3350, and why the 1.33-1.38 consensus is wrong.
EUR/HUF trades at 364.79 after the MNB cut to 5.50%. Why 100bp of 2026 easing cost the forint just 10bp of real carry, and what takes it to 380 or 350.
GBP/USD is pinned at 1.3583 with volatility at a 12-month low as the Fed, the Bank of England and a new Chancellor's first Budget all land inside nine weeks.