ausbiz: Shifting rate differentials weigh on Australian dollar
Peter Dragicevich, APAC Currency Strategist at Corpay, joined ausbiz today and observes a more cautious vibe across risk markets, with the US data and comments from US Fed officials reinforcing the higher-for-longer interest rate theme.
Dollar hits six-week high vs yen, rallies from two-week low after U.S. inflation data
"Core prices continue to rise at an uncomfortable pace, making (Fed Chair) Jerome Powell's 'higher for longer' message seem more persuasive," Schamotta said.
Wondering if Canada's 'phenomenal' jobs data for January will need to be revised: Strategist
Karl Schamotta, chief market strategist at Corpay, joins BNN Bloomberg for his view on Canada's latest jobs data. Canada added 150,000 jobs in January vs estimate of 15,000.
news.com.au: New financial risk facing Aussie homeowners
The week of central bank action “reinforced the current market theme that the rate hiking stage of this cycle is in its final stages”, said Peter Dragicevich, Corpay currency strategist.
Pata Yamaha Prometeon WorldSBK expands exclusive FX partnership with Corpay for 2023
Corpay, a FLEETCOR® (NYSE: FLT) brand and global leader in business payments, is pleased to announce that Corpay’s Cross-Border business has expanded their partnership with Pata Yamaha Prometeon WorldSBK for the fourth consecutive season