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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Investors stand by big yen short despite BoJ intervention

Investors stand by big yen short despite BoJ intervention

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

Treasuries’ big move

Treasuries’ big move

Read Corpay's Karthik Sankaran's comments in the Financial Times article.

Tech Tuesday: Fintech tools that can change the way you do business

Tech Tuesday: Fintech tools that can change the way you do business

Read the article featuring Corpay Cross-Border Solutions in Dynamic Business

Dollar firm ahead of Fed, Swedish crown not helped by rate rise

Dollar firm ahead of Fed, Swedish crown not helped by rate rise

"Traders and investors are taking cover, aware that the dollar is behaving like a force of nature, and unwilling to face its wrath," said Karl Schamotta, chief market strategist, at Corpay in Toronto

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

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

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.

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