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Financial Post: Posthaste: How the U.S. dollar stole the Canadian dollar's petrocurrency thunder

“The shale revolution turned the United States into the world’s largest oil and natural gas producer, meaning energy price swings now feed more directly into American trade balances, capital flows and Fed policy expectations,” Karl Schamotta, Corpay.

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By Cross-Border
Apr 9, 2026
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Canada Rate Policy Might Be ‘Sufficiently Restrictive,’ Gov. Tiff Macklem Says
Cross-Border

Canada Rate Policy Might Be ‘Sufficiently Restrictive,’ Gov. Tiff Macklem Says

Macklem’s comments “implicitly raised the bar for further increases in the Bank of Canada’s incredibly-aggressive, post-pandemic monetary tightening cycle” - Corpay’s Karl Schamotta

GLOBAL MARKETS-Stocks ease with Apple, dollar inches up after U.S. data
Cross-Border

GLOBAL MARKETS-Stocks ease with Apple, dollar inches up after U.S. data

Recent economic reports are "supporting the case for continued aggregate income growth while pushing recession worries further into the future" - Corpay’s Karl Schamotta

Mortgage renewal payments to be higher going forward even as rates get cut
Cross-Border

Mortgage renewal payments to be higher going forward even as rates get cut

Karl Schamotta, chief market strategist of Corpay and Royce Mendes, managing director and head of Macro Strategy of Desjardins, joins BNN Bloomberg to discuss Canada's housing market.

Corpay Cross-Border Named the Official Commercial FX Partner for Aston Villa Football Club
Cross-BorderGlobal payments

Corpay Cross-Border Named the Official Commercial FX Partner for Aston Villa Football Club

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

ausbiz: Is the bottom in for the Australian Dollar?
Cross-Border

ausbiz: Is the bottom in for the Australian Dollar?

In his latest interview with ausbiz, Peter Dragicevich, at Corpay, discusses how the Australian Dollar has been hit from all sides, with a bout of risk aversion, interest rate differentials, and weaker Chinese growth weighing on the currency.

Dollar steady as Fed's Powell says higher rates may be needed
Cross-Border

Dollar steady as Fed's Powell says higher rates may be needed

"On balance, this is a modestly less hawkish speech than markets had feared," said Karl Schamotta, chief market strategist at Corpay in Toronto.

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