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ING Forecasts Canadian Dollar Won't Fall Below 1.40 USD/CAD on July 15

2026-07-15 07:23:08

USDCAD-0.05%

According to ING, the Bank of Canada's threshold for a substantially hawkish stance is high, with the Dutch lender expecting no surprises in today's (July 15) policy meeting. Unless oil prices rebound to April-May levels, inflation prospects remain too modest to justify rate hikes, particularly given employment and economic risks tied to the USMCA (United States-Mexico-Canada Agreement). ING expects USD/CAD will not fall below 1.40 in coming months despite short-term support from BoC hawkish adjustments and rising oil prices.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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