Topic: Cross-Border

US Dollar Dominance: A blessing and a curse (Part I)

Many pundits and prognosticators are predicting the impending collapse of the US dollar as the world’s reserve currency. While the reality is that that collapse may not be imminent, USD dominance is both a blessing and a curse for US-based businesses.

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By Cross-Border
Dec 22, 2023
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Lower than forecast CPI signals a possible BoC rate cut in 2023: Strategist
Cross-Border

Lower than forecast CPI signals a possible BoC rate cut in 2023: Strategist

Karl Schamotta joins BNN Bloomberg for his view on Canada's cooler-than-expected inflation data. Schamotta says this number shows central banks are succeeding at bringing down inflation. He also discusses the weakness of the loonie amid CPI.

Canadian dollar hits near 2-year low, TSX falls as sentiment sours
Cross-Border

Canadian dollar hits near 2-year low, TSX falls as sentiment sours

"The dollar is an unstoppable juggernaut right now, with higher-than-expected inflation and an ever-more-hawkish Federal Reserve sucking capital into the United States and inflicting damage on the rest of the world economy," said Karl Schamotta.

The next US Fed meeting is in November, close to the U.S. midterm elections.
Cross-Border

The next US Fed meeting is in November, close to the U.S. midterm elections.

Karthik Sankaran appeared on 680 News to discuss any links between the outcome of US’s November midterms to the inflation rate or the Federal Reserve’s next interest rate decision. Click here to listen

All eyes on the Fed’s September interest rate decision
Cross-Border

All eyes on the Fed’s September interest rate decision

All eyes on the Fed’s September interest rate decision

Dollar rallies against euro, yen after surprisingly firm U.S. consumer prices
Cross-Border

Dollar rallies against euro, yen after surprisingly firm U.S. consumer prices

“The data was far stronger than expected. Particularly worrisome is the fact that core inflation came in almost double estimates,” said Karl Schamotta, chief market strategist at Corpay in Toronto.

PayQuicker Launches Payouts OS, New Global Payouts-as-a-Service Platform
Cross-BorderGlobal payments

PayQuicker Launches Payouts OS, New Global Payouts-as-a-Service Platform

PayQuicker Launches Payouts OS, New Global Payouts-as-a-Service Platform

Smarter payments. Stronger growth. Keep business moving.

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