09:02 AM EDT, 10/08/2025 (MT Newswires) -- The Canadian Labour Force Survey (LFS) is only due on Friday, but it could be a market mover for the Canadian dollar (CAD or loonie), with the proximity to the 200-day moving average (1.3983) spelling potential danger, said Societe Generale.

The sequence of higher highs since early August is reminiscent of Q1 2024, when 1.36 proved the pivotal level, wrote the bank in a note to clients.

The BoC meets on Oct. 29 and may opt to lob another 25bps off the policy rate to 2.25%, the lower end of the neutral range, stated SocGen.