Newsroom

Financial Post: Canadian dollar and U.S. dollar both under pressure

Karl Schamotta at Corpay explains how the shift in interest rate expectations has hit the Canadian dollar and the U.S. dollar.

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Sep 9, 2025
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Why homebuilders have rallied
Cross-Border

Why homebuilders have rallied

“The fact that the global economy is typically running a giant carry trade using the dollar as a funding currency means that in events like this . . .

Corpay Announces New Collaboration with Sunflower Bank, N.A.
Global paymentsCross-Border

Corpay Announces New Collaboration with Sunflower Bank, N.A.

Collaboration will provide Sunflower Bank, N.A. clients access to cross-border payments and foreign currency exchange solutions

'Challenge for the Bank of Canada': What the economists are saying about the April job numbers
Cross-Border

'Challenge for the Bank of Canada': What the economists are saying about the April job numbers

Canada' job numbers blew past expectations in April, but that wasn't the only surprise

Job market held strong in April, providing little relief to Bank of Canada
Cross-Border

Job market held strong in April, providing little relief to Bank of Canada

Meanwhile, Karl Schamotta, chief market strategist at foreign exchange firm Corpay says the implications of the latest jobs data for interest rates are “unambiguous.”

C$ climbs to 2-week high as BoC rate cut bets ease
Global payments

C$ climbs to 2-week high as BoC rate cut bets ease

"Another blockbuster Canadian jobs number," said Karl Schamotta, chief market strategist at Corpay.

Why King Charles won't be on Canada's banknotes anytime soon
Cross-Border

Why King Charles won't be on Canada's banknotes anytime soon

Watch: Corpay's Karl Schamotta on the process to replace banknotes after King Charles' coronation

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