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Investors shorting the loonie are hurting after the latest BoC statement: Strategist

October 27, 2021

BNN Bloomberg speaks with Karl Schamotta, chief market strategist at Cambridge Global Payments, talks about how just as many thought markets have “gone over their skis “in their hawkish expectation for the Bank of Canada’s rate hikes, the Bank of Canada has confirmed the bias. He talks about that the reaction from the currency market.

Watch the video here.