Topic: Cross-Border

Growing Pains: The Basics of Cross Border Cash Management

Sending or receiving foreign currency payments can be frustrating – not to mention costly – and this cost is often swallowed as the cost of doing business internationally. Fortunately, there are options that can offer SMEs more transparency and control.

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By Cross-Border
Apr 11, 2024
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U.S. dollar gains as risk tolerance drops with hawkish central banks
Cross-Border

U.S. dollar gains as risk tolerance drops with hawkish central banks

"Few expect the Federal Reserve to deliver on Wednesday's hawkishness," said Karl Schamotta, chief market strategist at Corpay in Toronto.

Dollar edges higher as U.S. data lends support; yen holds gains
Cross-Border

Dollar edges higher as U.S. data lends support; yen holds gains

“The dollar is gaining as this morning’s stronger-than-forecast data lifts rate expectations for the new year,” said Karl Schamotta, chief market strategist at business payments company Corpay.

The BoJ flinches, but only a little
Cross-Border

The BoJ flinches, but only a little

Karthik Sankaran, senior FX wizard at Corpay, points out the biggest burdens dragging down the yen are starting to lighten: the pace of Fed rate increases, which lure capital out of Japan, and the global energy shock hurting its trade balance.

Dynamic Business: Let’s Talk: Supply chain blues? Try these expert-approved solutions
Cross-Border

Dynamic Business: Let’s Talk: Supply chain blues? Try these expert-approved solutions

David Britten, Managing Director APAC, Corpay Cross-Border Solutions, shares insight into the recurring expenses involved in a cross-border payment that business owners should expect and how SMEs can plan to protect their bottom line.

Fed raises rates by half percentage point, sees economy nearing stall speed
Cross-Border

Fed raises rates by half percentage point, sees economy nearing stall speed

“Taken together, today’s statement and economic projections tell a simple story...” said Karl Schamotta.

The loonie could see upside as a result of the Santa Claus rally: Strategist
Cross-Border

The loonie could see upside as a result of the Santa Claus rally: Strategist

Karl Schamotta, chief market strategist at Corpay, joins BNN Bloomberg for his view on the loonie.Schamotta says the Canadian dollar could see upside into the year-end.

Smarter payments. Stronger growth. Keep business moving.

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