Will USD/CAD hit __ in 2026?
- ↑1.42
- 100%
- +14.0
- ↑1.39
- 100%
- −27.5
- ↑1.45
- 63%
- +2.0
- ↓1.33
- 55%
- +6.5
- ↑1.50
- 52%
- +1.0
- ↓1.25
- 49%
- +2.0
- ↓1.30
- 48%
- —
- ↓1.10
- 36%
- +1.0
- ↓1.20
- 30%
- —
- ↑1.60
- 19%
- +1.0
- ↑1.55
- 13%
- —
- ↑1.70
- 4%
- —
Traders currently price "↑1.42" at 100% for "Will USD/CAD hit __ in 2026?". Over the past 24 hours that probability moved up 14.0 points. Full distribution: ↑1.42 100%, ↑1.39 100%, ↑1.45 63%, ↓1.33 55%. The market has traded $14K in total volume and resolves Dec 31, 2026. Recent Canadian labor data, including a July jobs gain of 75,100 and unemployment falling to 6.4%, has supported CAD strength against a backdrop of softer U.S. employment figures and downward revisions. With the Bank of Canada holding its target rate at 2.25% and the Federal Reserve maintaining a higher policy stance, narrowing interest-rate differentials are reducing USD/CAD upside pressure. Elevated oil prices continue to bolster Canada's terms of trade, while USMCA tariff uncertainty and global risk sentiment add volatility. Consensus forecasts from major banks point to USD/CAD trading in a 1.34–1.40 range through year-end 2026, with upcoming Canadian CPI releases and FOMC communications likely to influence near-term positioning in currency markets.
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