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Reuters: Dollar drops as Powell signals possible September rate cut

Karl Schamotta, chief market strategist at Corpay in Toronto, said Powell's message was far more dovish than markets had anticipated.

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Aug 22, 2025
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The West Australia: Australian shares bounce back in broad relief rally
Cross-Border

The West Australia: Australian shares bounce back in broad relief rally

In the wake of ongoing volatility, the local Australian market staged a relief rally after days of heavy losses. Corpay Cross-Border Solution's APAC currency strategist, Peter Dragicevich, weighs in on the development and shares his expert insights.

Banking regulators close SVB, move quickly to avert crisis
Cross-Border

Banking regulators close SVB, move quickly to avert crisis

"Silicon Valley Bank is shedding light on vulnerabilities across the US banking sector, primarily in the bond holdings that many large institutions hold," said Karl Schamotta, Chief Market Strategist at Corpay.

Loonie will be factor when deciding whether interest rates stay on hold: Bank of Canada
Cross-Border

Loonie will be factor when deciding whether interest rates stay on hold: Bank of Canada

“I think that’s something that most Canadians just don’t realize,” Schamotta said. “Prices in Canada do not respond to the exchange rate as quickly as they think they do.”

ausbiz: Divergence between the RBA and the Fed put the Aussie dollar under pressure
Cross-Border

ausbiz: Divergence between the RBA and the Fed put the Aussie dollar under pressure

Peter Dragicevich from Corpay says there is rising credit risk and that the market reaction to the upcoming non-farm payrolls report will be binary.

Dynamic Business: Let’s Talk: From chaos to clarity: Expert advice for managing your business finances
Cross-Border

Dynamic Business: Let’s Talk: From chaos to clarity: Expert advice for managing your business finances

David Britten, Managing Director APAC, Corpay Cross-Border Solutions, shared with Dynamic Business the importance of implementing robust fintech solutions to help navigate market complexities efficiently and manage costs effectively.

Corpay Cross-Border se convierte en el Proveedor Oficial de Divisas del Real Betis Balompié
Cross-BorderGlobal paymentsRisk management

Corpay Cross-Border se convierte en el Proveedor Oficial de Divisas del Real Betis Balompié

Corpay Cross-Border Announced as Real Betis Balompié’s Official FX Payments Provider

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