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Sky News: Dollar has become a 'falling chainsaw' - what it means for you

"Positive fundamentals should eventually reassert themselves, but for now, no one is willing to catch the falling chainsaw that is the US dollar."- Karl Schamotta, chief market strategist with payments company Corpay Cross-Border Solutions.

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By Cross-Border
Jan 29, 2026
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U.S. dollar soars to 24-year high vs yen, 37-year peak vs sterling
Cross-Border

U.S. dollar soars to 24-year high vs yen, 37-year peak vs sterling

“The dollar is a rock in a sea of troubles right now, outperforming all of its major rivals as interest rates rise and the economy shows signs of resilience,” said Karl Schamotta, chief market strategist, at Corpay in Toronto.

As the loonie weakens, global investors are more skeptical about Canada's stock market: Strategist
Cross-Border

As the loonie weakens, global investors are more skeptical about Canada's stock market: Strategist

Karl Schamotta, chief market strategist at Corpay, joins BNN Bloomberg and discusses the weakness in the loonie. Schamotta says that slowing growth will not only affect the markets but also currencies.

How Can Technology Help Organizations Mitigate Their Foreign Exchange Exposure?
Cross-BorderRisk management

How Can Technology Help Organizations Mitigate Their Foreign Exchange Exposure?

The global economy has experienced significant advancements in recent years, meaning that more and more organizations are looking to conduct business across borders.

Rate hikes' expectations have anchored up; central banks could pivot in 2023: Strategist
Cross-Border

Rate hikes' expectations have anchored up; central banks could pivot in 2023: Strategist

Karl Schamotta, chief market strategist at Corpay, joins BNN Bloomberg to discuss his market outlook as the Bank of Canada and the Fed reiterate their commitment to bring inflation down.

Bank of Canada's 'soft landing' scenario hits the rocks in bond market
Cross-Border

Bank of Canada's 'soft landing' scenario hits the rocks in bond market

"In Canada, investors are worried about the impact a downturn in housing markets - and a longer-term household deleveraging cycle - could have on the wider economy," said Karl Schamotta, chief market strategist at Corpay.

Dollar extends declines as traders pull back rate hike bets
Cross-Border

Dollar extends declines as traders pull back rate hike bets

“Risk appetite has rebounded across the financial landscape on the prospect of less restrictive monetary policy from the Federal Reserve,” said Karl Schamotta, Chief Market Strategist at Corpay.

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