Peter Dragicevich, at Corpay, joined ausbiz today and discussed the continued upswing in bond yields, how markets are coming around to the view that interest rates will need to keep moving up and stay high for some time to bring down inflation
news.com.au: Why now is a good time for Aussies to invest
While rising interest rates have left Aussies worried, there’s never been a better time to start investing according to Peter Dragicevich, Currency Strategist, APAC, at Corpay Cross-Border Solutions.
Currency Conversion and Global Trade’s Hidden Costs
Australian companies and overseas organisations complete billions of dollars worth of international payments through the global banking system every year.
ausbiz: Shifting rate differentials weigh on Australian dollar
Peter Dragicevich, APAC Currency Strategist at Corpay, joined ausbiz today and observes a more cautious vibe across risk markets, with the US data and comments from US Fed officials reinforcing the higher-for-longer interest rate theme.
An informed approach to managing global payments and foreign currency exposure—for one payment or thousands—will benefit your business, saving time, protecting your bottom line, and allowing you to take advantage of new opportunities.
Dollar hits six-week high vs yen, rallies from two-week low after U.S. inflation data
"Core prices continue to rise at an uncomfortable pace, making (Fed Chair) Jerome Powell's 'higher for longer' message seem more persuasive," Schamotta said.