December 9, 2022
The loonie could see upside as a result of the Santa Claus rally: Strategist
Karl Schamotta, chief market strategist at Corpay, joins BNN Bloomberg for his view on the loonie.Schamotta says the Canadian dollar could see upside into the year-end. However, he remains concerned about the state of the Canadian currency as the Bank of Canada could pause its tightening cycle early next year.