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Loonie will fall towards the end of the year: Market analyst

Published on BNN Bloomberg May 29, 2019

Karl Schamotta, chief market strategist at Cambridge Global Payments, joins BNN Bloomberg to discuss how the Canadian dollar is reacting to the Bank of Canada’s decision to keep its key interest rate on hold. Watch the Bloomberg video here:

Cautious optimism on U.S.-China trade talks lifts dollar against yen

Published on Reuters May 13, 2019

“We’re probably a bit suspicious of how good that is, but at least for now that has helped make the Canadian dollar an outperformer among currencies,” said Karl Schamotta, Chief Market Strategist at Cambridge Global Payments. Read the article from Reuters here:

Canadian dollar delinks from Wall Street as domestic risks threaten

Published on Yahoo Finance Canada May 3, 2019

“People are realizing that we’re not a petrocurrency and that there is a much larger, much more important household consumption sector,” said Karl Schamotta, Chief Market Strategist at Cambridge Global Payments, to Yahoo Finance. Read the article here:

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