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CNBC: Dollar weakens after strong rally as U.S. government shutdown looms

"History would suggest that a short-lived government shutdown should have a relatively modest impact on the economy and on currency markets," said Karl Schamotta, chief market strategist, at Corpay in Toronto.

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Sep 30, 2025
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Dollar edges down after Powell testimony
Cross-Border

Dollar edges down after Powell testimony

“Looks as if Powell failed to out-hawk markets that were braced for a more explicit ratification of the median projection in the latest dot plot summary of economic projections,” said Karl Schamotta.

Loonie rises on back of U.S. dollar weakness
Cross-Border

Loonie rises on back of U.S. dollar weakness

"The Canadian dollar could push back through the 77-cent mark," Karl Schamotta, chief market strategist at Corpay, told BNN Bloomberg in an email on Friday.

ausbiz: Why the Aussie dollar is likely to remain under pressure
Cross-Border

ausbiz: Why the Aussie dollar is likely to remain under pressure

In his latest interview with ausbiz, Peter Dragicevich, APAC Currency Strategist at Corpay Cross-Border Solutions, talks through why the Aussie dollar is under pressure and likely to remain so.

Small Business Connections: Navigating Australia’s uncertain economic landscape in 2023
Cross-Border

Small Business Connections: Navigating Australia’s uncertain economic landscape in 2023

Corpay Cross-Border Solutions' Currency Strategist for the APAC market, Peter Dragicevich, shared his insights on how to build financial resilience and adaptability in times of economic downturn.

Daily Bulletin: AUD Volatility: Preparing for an uncertain future
Cross-Border

Daily Bulletin: AUD Volatility: Preparing for an uncertain future

Peter Dragicevich, Corpay Cross-Border Solutions' Currency Strategist APAC shared with Daily Bulletin the sharp rise in interest rates and tighter monetary policy suggests that things will get worse before they start to look better.

US dollar drifts higher as likely Fed pause in focus
Cross-Border

US dollar drifts higher as likely Fed pause in focus

"The greenback is responding to typical 'dollar smile' dynamics, tumbling as growth differentials converge and volatility fears drop across the financial markets," said Karl Schamotta, chief market strategist at Corpay in Toronto.

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