US Dollar/ Canadian Dollar in "Danger" of Accelerating to 1.42, Says SocGen
BY MT Newswires | ECONOMIC | 10/21/25 07:30 AM EDT07:30 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.
MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.
Print
