Topic: Cross-Border

FX Budget Rates: Understanding the Basics

FX budget rates are a fundamental aspect of financial planning for multinational corporations and businesses engaged in cross-border transactions. Let’s run through the basics, what they are, and why they are important.

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By Cross-Border
Sep 18, 2024
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Canadian dollar steadies near 4-week low ahead of BoC minutes
Cross-Border

Canadian dollar steadies near 4-week low ahead of BoC minutes

“We think policymakers may have taken a slightly more optimistic view on the economy’s longer-term resilience, meaning that the minutes could provide some lift to the currency,” Karl Schamotta, chief market strategist at Corpay, said in a note.

US dollar slips as investors price in end of rate-hike cycle
Cross-Border

US dollar slips as investors price in end of rate-hike cycle

“Expected growth differentials have narrowed slightly against the dollar in the last few hours, with better-than-expected purchasing manager indices pointing to more resilient economic activity in the UK and euro area,” said Karl Schamotta.

The Business Times: Australia reaps gains of rate pause as RBNZ hawks see kiwi slide
Cross-Border

The Business Times: Australia reaps gains of rate pause as RBNZ hawks see kiwi slide

“Markets are starting to factor in a RBNZ policy mistake,” said Peter Dragicevich, a currency strategist at Corpay Cross-Border Solutions, adding that with the tightening phase nearing its end, markets are starting to pay attention to growth.

ausbiz: Understanding a complex inflation environment
Cross-Border

ausbiz: Understanding a complex inflation environment

In his latest interview with ausbiz, Peter Dragicevich, APAC Currency Strategist at Corpay Cross-Border Solutions, highlight's the importance of the economic data in the Reserve Bank of Australia's (RBA) decision to hike interest rates further

Bloomberg: Australia Reaps Gains of Rate Pause as RBNZ Hawks See Kiwi Slide
Cross-Border

Bloomberg: Australia Reaps Gains of Rate Pause as RBNZ Hawks See Kiwi Slide

With the tightening phase nearing its end, markets are starting to pay attention to growth, labor market trends, and commodity prices according to Peter Dragicevich, Currency Strategist, APAC, at Corpay Cross-Border Solutions.

SoftCo announces partnership with Corpay
Cross-BorderGlobal paymentsPayments Automation

SoftCo announces partnership with Corpay

SoftCoPay delivers enhanced payment automation, helps customers cut costs, mitigate fraud, and leverage rebates

Smarter payments. Stronger growth. Keep business moving.

See how corpay brings AP, card programs, lodging, fleet and cross-borders together