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Reuters: Canadian dollar notches 13-day high after U.S.-Iran ceasefire

"The Canadian dollar is climbing on an improvement ​in risk appetite and borrowing costs, reflecting the fact that its long-standing ​role as a petrocurrency has eroded markedly in recent years," Karl Schamotta, Corpay.

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By Cross-Border
Apr 8, 2026
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Lightspeed to Provide Customers  with Lightspeed ePay, Powered by Corpay

Lightspeed to Provide Customers with Lightspeed ePay, Powered by Corpay

Lightspeed to Provide Customers with Lightspeed ePay, Powered by Corpay

Corpay Cross-Border Announced as World Table Tennis’s Official Global FX Payments Supplier

Corpay Cross-Border Announced as World Table Tennis’s Official Global FX Payments Supplier

Providing access to cross-border payments and currency risk management solutions

Corpay Cross-Border Announced as World Baseball Softball Confederation’s Official Global FX Payments Provider

Corpay Cross-Border Announced as World Baseball Softball Confederation’s Official Global FX Payments Provider

Providing access to cross-border payments and currency risk management solutions

The strong dollar slumps

The strong dollar slumps

Read Corpay's Karthik Sankaran's comments in the Financial Times article here.

Dollar loses ground after economic data boosts risk appetite

Dollar loses ground after economic data boosts risk appetite

"Risk appetite has improved. That tends to weaken the dollar," said Karl Schamotta, chief market strategist at payments company, Corpay.

Dynamic Business: Let’s Talk: What are some of the top SME tech trends to get you ready for 2023?

Dynamic Business: Let’s Talk: What are some of the top SME tech trends to get you ready for 2023?

David Britten, Managing Director APAC, Corpay Cross-Border Solutions, shares his top SME tech trends for 2023 and why it will be crucial for businesses to invest in and implement robust fintech solutions

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