US Dollar Dominance: A blessing and a curse (Part II)
It can help your business’ bottom line to explore the dynamics of the USD and its position in the global marketplace; using only USD can mask hidden FX exposures and can increase currency risk.
Expect 3 BoC cuts in 2024. First one in June, other two by Fall: strategist
As investors await the latest, BoC rate decision, Karl Schamotta, chief market strategist at Corpay, joins BNN Bloomberg to discuss his outlook for the economy. Schamotta discusses housing risks, and adds BoC tone could remain hawkish for a while.
Interest rate cuts are coming, but the Bank of Canada won't say when
Karl Schamotta chief market strategist at Corpay says the Bank of Canada’s Tiff Macklem "may not want to keep applying the brakes, but he also sees the danger in stepping on the gas pedal."
CANADA FX DEBT-Canadian dollar steadies ahead of BoC rate decision
“We think language in the accompanying statement, Monetary Policy Report and press conference will disappoint market participants expecting an imminent pivot toward easier policy.
Karl Schamotta, chief market strategist at Corpay, talks with Financial Post's Larysa Harapyn about how the weakening economy, central bank rate cuts and possible victory of Donald Trump could affect Canada's currency.
