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Reuters: Dollar eases as US inflation data keeps September rate cut on table

"Yield differentials are narrowing against the dollar across the policy-sensitive end of the curve, and the greenback is coming under sustained selling pressure against its advanced-economy rivals," said Corpay’s Karl Schamotta

Aug 12, 2025

Cross-Border

Canada's inverted yield curve adds to BoC rate hike dilemma

"Markets think the Canadian economy is about to suffer a triple blow as domestic consumption collapses, U.S. demand weakens and global commodity prices drop," said Karl Schamotta, chief market strategist at Corpay.

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Cross-Border Global payments Risk management

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

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Cross-Border

The strong dollar slumps

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

Cross-Border

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.

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