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11.08.22
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U.S. dollar could keep reversing direction: Karl Schamotta

Karl Schamotta, chief market strategist at Corpay, joins BNN Bloomberg to discuss his view on the upcoming U.S. midterms. Schamotta says risk sentiment will be impacted by it. He also discusses the U.S. and why he sees it losing gains. Schamotta says there could be a resurgence in demand for other currencies as investors turn more confident about inflation coming down.

Watch the BNN Bloomberg video here.