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Foreign exchange hedging for businesses: Your questions answered

Hedging is used by businesses to manage their currency exposure. If a business needs to buy or sell one currency for another, they are exposed to fluctuations in the foreign exchange market that could affect their costs and ultimately their profit.

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Mar 10, 2023
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FOREX-Dollar edges higher as traders await Fed rate move
Cross-Border

FOREX-Dollar edges higher as traders await Fed rate move

"It's going to be very difficult for the Fed to out-hawk markets at this point, given the level of expectations going into tomorrow," said Karl Schamotta, Chief Market Strategist at Corpay.

Mountain Sports
Cross-BorderGlobal payments

Mountain Sports

Mountain Sports is a small family business based in Wodonga, Victoria, that imports ski equipment from Norway, Finland, Sweden, Slovenia, Italy and the US.

GQS (Australia) Pty Ltd
Cross-BorderGlobal paymentsRisk management

GQS (Australia) Pty Ltd

GQS provides inspection and audit services to the oil and gas industry worldwide.

Now, more than ever, SMEs need creative cross-border payment strategies
Cross-BorderGlobal payments

Now, more than ever, SMEs need creative cross-border payment strategies

A series of transformative events, and an age of ever faster digitalisation, demands greater flexibility and agility from enterprises of all sizes, not least in the area of cross-border payments.

Corpay Announces New Sponsorship with England Polo
Cross-BorderGlobal paymentsRisk management

Corpay Announces New Sponsorship with England Polo

Corpay named new sponsor of England Polo and official partner of Hurlingham Polo Association

Soaring dollar raises spectre of ‘reverse currency wars’
Cross-Border

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.”

Smarter payments. Stronger growth. Keep business moving.

See how corpay brings AP, card programs, lodging, fleet and cross-borders together