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Reuters: Dollar in tight range as traders eye Middle East peace talks

"The dollar could gain momentum through the week if US-Iran negotiations remain inconclusive and Friday's non-farm payrolls report confirms continued resilience in the world's largest economy," said Karl Schamotta, chief market strategist at Corpay.

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By Cross-Border
Jun 1, 2026
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Dollar steady as Fed's Powell says higher rates may be needed
Cross-Border

Dollar steady as Fed's Powell says higher rates may be needed

"On balance, this is a modestly less hawkish speech than markets had feared," said Karl Schamotta, chief market strategist at Corpay in Toronto.

The weakness in China has been a long time coming: Strategist
Cross-Border

The weakness in China has been a long time coming: Strategist

Karl Schamotta, chief market strategist at Corpay, joins BNN Bloomberg to discuss oil prices that continue to fall for the third day on worries about Chinese demand. He also talks about loonie and the U.S. dollar.

ausbiz: Has the aussie dollar found its base?
Cross-Border

ausbiz: Has the aussie dollar found its base?

In his latest interview with ausbiz, Peter Dragicevich, APAC Currency Strategist at Corpay Cross-Border Solutions, zeroed in on how the Aussie dollar is performing.

US Treasury yields hit 16-year high on fears over interest rate outlook
Cross-Border

US Treasury yields hit 16-year high on fears over interest rate outlook

“The US economy continues to defy widespread scepticism, with upside surprises coming at a steady clip and pushing yields higher”

US dollar holds modest gains, offshore yuan rises as Jackson Hole is in view
Cross-Border

US dollar holds modest gains, offshore yuan rises as Jackson Hole is in view

“The dollar does look like it is still the cleanest dirty shirt on the global economic landscape..."

U.S. dollar slips with traders cautious before Fed's Jackson Hole symposium
Cross-Border

U.S. dollar slips with traders cautious before Fed's Jackson Hole symposium

“Lagarde's speech might actually be more of a market mover than Powell's. If Powell stays on the theoretical side of things, that might lower implied volatility of the dollar and lead to a smaller reaction."

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