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Analysts: financial marekt likely to undergo a painful adjustment process in coming weeks

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2025-02-03 05:36:15
Karl Schamotta, chief market strategist at Corpay in Toronto, said: "We expect selling pressure to hit the Mexican peso and the Canadian dollar when Asian markets open on Monday, but it is difficult to assess how severe the decline will be and financial marekt could undergo a painful correction in the coming weeks as market participants start to take Trump's actions seriously."
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