US Dollar/ Canadian Dollar in "Danger" of Accelerating to 1.42, Says SocGen

BY MT Newswires | ECONOMIC | 10/21/25 07:30 AM EDT

07:30 AM EDT, 10/21/2025 (MT Newswires) -- Canada will publish the consumer price index for September at 8:30 a.m. ET on Tuesday, said Societe Generale.

CPI is forecast to have stalled in September at around 3.0% year over year, wrote the bank in a note to clients.

For the Bank of Canada's rate decision next week, consensus is for a 25bps cut to 2.25%, stated SocGen.

USD/CAD is on the move again and in "danger" of accelerating towards 1.42, added the bank.

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Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

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