Currently, there is only one rate cut priced in for Canadian markets and the Canadian dollar, meanwhile investors are bracing for the Federal Reserve to cut rates "dramatically." Photo by Peter J. Thompson / Financial Post

Karl Schamotta, chief market strategist at Corpay, talks with Financial Post’s Larysa Harapyn about the factors that are pressuring the Canadian dollar and the U.S. dollar .

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• Email: lharapyn@postmedia.com

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