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CANADA FX DEBT-C$ weak as retail sales rise is overshadowed by U.S. data

Published on Reuters April 22, 2019

“Today’s retail sales number was good from (a)far but far from great,” said Karl Schamotta, Chief Market Strategist at Cambridge Global Payments, to Reuters. Read the full article here:

Dollar rises on strong data; euro, sterling tick lower

Published on Reuters April 11, 2019

The dollar is trading higher “off the back of a very low jobless claims number and fairly robust PPI numbers. Overall what you’re seeing is a shift into dollars on fading expectations for a rate cut later this year,” said Karl Schamotta, chief market strategist at Cambridge Global Payments. Read the full article here:

The Canadian dollar is in an unstable equilibrium: Strategist

Published on BNN Bloomberg April 5, 2019

Karl Schamotta, chief market strategist at Cambridge Global Payments, joins BNN Bloomberg to provide his outlook for the Canadian dollar and discuss the ongoing U.S.-China trade talks and how it’s impacting the greenback. Watch the video here:

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