Financial Post: Canadian dollar expected to bounce back after a tumultuous 2025
Category:Cross-Border
Updated:2025-12-30
“Karl Schamotta, chief market strategist at Corpay Cross-Border Solutions, is calling for the Canadian dollar to enter 2026 at nearly 73 cents U.S. and end the year at 75.8 cents U.S. However, he said long-term currency forecasts have a habit of being wrong, citing in a note the example of 12-month euro-U.S. dollar projections that missed the mark by an average of seven cents U.S. from 2007 to 2025 and also got the direction wrong more than half of the time.”
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