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Reuters: Canadian dollar hits a 3-week low as appeal of US assets grows

"The U.S. dollar (.DXY), is steamrolling all of its major rivals, including the Canadian dollar, this morning after another round of data releases failed to deliver any appreciable evidence of a tariff-led slowdown," said Karl Schamotta.

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Jul 17, 2025
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As lift-off looms, investors bet Bank of Canada will tame inflation
Cross-Border

As lift-off looms, investors bet Bank of Canada will tame inflation

"Central banks in Canada and the United States are winning the psychological war, successfully convincing investors that they are serious about fighting inflation" said Karl Schamotta, Chief Market Strategist at Corpay. Read the Yahoo Finance article here.

We’re not going to see rates climb that aggressively at the front-end of this cycle: Karl Schamotta
Cross-Border

We’re not going to see rates climb that aggressively at the front-end of this cycle: Karl Schamotta

Karl Schamotta, chief market strategist at Corpay, joins BNN Bloomberg to discuss the market reaction to inflation figures. He says that a sell-off in the market is to be expected as investors anticipate an interest rate hike to address rising inflation.

Canadian dollar rises as selloff in U.S. bonds ebbs
Cross-Border

Canadian dollar rises as selloff in U.S. bonds ebbs

Read Corpay's Karl Schamotta's comments in the Yahoo Finance article.

Canada's inflation rate rises to new 30-year high of 4.8% January 19, 2022
Cross-Border

Canada's inflation rate rises to new 30-year high of 4.8% January 19, 2022

The Consumer Price Index increased at an annual pace of 4.8 per cent in December, as sharply higher prices for food led to the cost of living going up at its fastest rate since 1991. CBC's panel will discuss what it means for your bottom line.

Corpay Announces New Sponsorship of the Small Business Association for International Companies
Cross-BorderGlobal payments

Corpay Announces New Sponsorship of the Small Business Association for International Companies

Sponsorship will provide SBAIC members access to cross-border payments and foreign currency exchange 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