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The loonie could see upside as a result of the Santa Claus rally: Strategist

Category:Cross-Border
Updated:2022-12-09
News3

Karl Schamotta, chief market strategist at 91¿ì»îÁÖ, 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.

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