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BNN: Loonie worst-performing major currency this year: Schamotta

Karl Schamotta, chief market strategist at Corpay, joined BNN Bloomberg to discuss the Canadian dollar underperforming.

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Sep 24, 2025
News8

US Dollar Hits Seven-Week High, Bolstered by Data, Debt Ceiling Hopes

US Dollar Hits Seven-Week High, Bolstered by Data, Debt Ceiling Hopes

"A raft of stronger-than-expected data is intersecting with a hawkish shift in communications from Fed officials to push rate expectations across the front end of the curve," said Karl Schamotta, chief market strategist, at Corpay in Toronto.

Does Canada really need a digital loonie?

Does Canada really need a digital loonie?

"In Canada we already have near-instant payments between people within the country. We have a very, very small unbanked population. What benefits would central bank digital currencies offer in terms of reducing payment system frictions?"

U.S. Dollar Finding Support From Hawkish Fed Comments

U.S. Dollar Finding Support From Hawkish Fed Comments

Read Corpay's Karl Schamotta's comments in the Wall Street Journal.

US stocks fall as consumers worry over economic outlook

US stocks fall as consumers worry over economic outlook

Read Corpay's Karl Schamotta's comments in the Financial Times article.

ausbiz: Painting the bigger picture

ausbiz: Painting the bigger picture

In his latest interview with ausbiz, Peter Dragicevich, APAC Currency Strategist at Corpay Cross-Border Solutions, share his views and provides his call on where to next for the Australian Dollar.

Corpay Cross-Border Announced as World Triathlon’s Official Foreign Exchange Payments Supplier

Corpay Cross-Border Announced as World Triathlon’s Official Foreign Exchange Payments Supplier

Providing access to cross-border payments and currency risk management solutions

Corpay products, powered by AI. See how we're leading the future of business payments.

Smarter payments. Stronger growth. Keep business moving.

See how Corpay brings AP, card programs, lodging, fleet and cross-border together