Corpay

Topic: Cross-Border

US Dollar Dominance: A blessing and a curse (Part II)

It can help your business’ bottom line to explore the dynamics of the USD and its position in the global marketplace; using only USD can mask hidden FX exposures and can increase currency risk.

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By Cross-Border
Jan 29, 2024
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Soaring dollar raises spectre of ‘reverse currency wars’

Soaring dollar raises spectre of ‘reverse currency wars’

“As the dollar rises, we are seeing a tightening of global financial conditions,” Schamotta said. “The US continues to make the world’s weather.”

Fintech News & Views: Why Construction AP Needs Automation

Fintech News & Views: Why Construction AP Needs Automation

We spoke with Peter Smith, VP in Construction at Corpay, about what the future looks like for the industry’s AP teams. Listen now!

Canadian dollar gains as BoC sends hawkish signal on rates

Canadian dollar gains as BoC sends hawkish signal on rates

"The loonie is getting squeezed higher by more hawkish guidance from the Bank of Canada and by modest softening in the (U.S.) dollar," said Karl Schamotta, chief market strategist at Corpay.

Three ways to make cross-border payments more efficient

Three ways to make cross-border payments more efficient

In the current environment of economic and political uncertainty, how can an organisation improve efficiencies in executing cross-border payments? Why would efficiency in this task matter?

Tiff Macklem poured cold water on the idea of 75 bps move: Strategist

Tiff Macklem poured cold water on the idea of 75 bps move: Strategist

Karl Schamotta, chief market strategist at Corpay, joins BNN Bloomberg to discuss Tiff Macklem's latest commentary on rate hikes.

US dollar hits highest level in more than 2 years

US dollar hits highest level in more than 2 years

Read Karl Schamotta's comments in the Financial Times article.

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