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Topic: Cross-Border

FX Budget Rates: Understanding the Basics

FX budget rates are a fundamental aspect of financial planning for multinational corporations and businesses engaged in cross-border transactions. Let’s run through the basics, what they are, and why they are important.

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By Cross-Border
Sep 18, 2024
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Doing business with a down dollar in B.C.
Cross-Border

Doing business with a down dollar in B.C.

“The [U.S. Federal Reserve] is clearly the biggest force here,” said Karl Schamotta, chief market strategist at Corpay (Fleetcor Technologies Inc.).

U.S. dollar advances as investors look to inflation data this week
Cross-Border

U.S. dollar advances as investors look to inflation data this week

"By illustrating continued strength in the labor market, Friday's non-farm payrolls report gave the Fed carte blanche to continue raising rates," said Karl Schamotta, chief market strategist, at Corpay in Toronto.

Corpay Cross-Border Announces New Collaboration with Greenbackers Investment Capital
Cross-BorderGlobal paymentsRisk management

Corpay Cross-Border Announces New Collaboration with Greenbackers Investment Capital

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

Is fintech disrupting SME currency hedging?
Cross-BorderRisk management

Is fintech disrupting SME currency hedging?

Platform access to effective currency hedging, real-time cash flow visibility, and regulatory compliance support is being democratised by fintech and opening the door to smaller companies who need first-rate cross-border services.

Low-flying loonie making Bank of Canada’s fight against inflation even harder
Cross-Border

Low-flying loonie making Bank of Canada’s fight against inflation even harder

In recent decades, a 10 per cent drop in the Canadian dollar has translated into a short-lived half per cent upward shock in the annualized headline inflation reading, according to Karl Schamotta, chief market strategist at Corpay.

Mortgage-debt pressure will lead to deceleration in rate hikes from the BoC: Karl Schamotta
Cross-Border

Mortgage-debt pressure will lead to deceleration in rate hikes from the BoC: Karl Schamotta

Karl Schamotta, chief market strategist at Corpay, joins BNN Bloomberg for his view on the Canadian economy and currency following OPEC+ recommendation regarding oil production cuts.

Smarter payments. Stronger growth. Keep business moving.

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