Financial Post: Canadian dollar climbs as one analyst speculates Trump is 'engineering' greenback's decline
Category:Cross-Border
Updated:2026-01-27
“There are good reasons to suspect that the Trump administration is deliberately engineering a decline in the dollar’s value on foreign exchange markets,” Karl Schamotta, chief market strategist at Corpay Cross-Border Solutions, said in a note on Tuesday. “Policy actions over the last year have not been consistent with making the greenback great again.”
Switch to Corpay
Discover how making the move to Corpay streamlines payments and strengthens your business.
Talk to an Expert