Higher for longer US rates would help dollar regain lost ground
Futures market investors are assuming most major developed central banks will begin to ease policy around the middle of 2024, according to an analysis by Corpay Cross-Border Solutions.
Downturn in Canada's economy seen deepening if US growth fades
“According to established economic wisdom, when the U.S. sniffles, Canada tends to catch a cold… But with the world so reliant on American consumer demand, and the Canadian private sector carrying exorbitantly high debt levels, if the U.S. sniffles...
Dollar slips as U.S. jobless claims boost Fed rate cut bets
“The challenge here is how we reconcile the view of a soft landing with rapid and significant rate cuts in 2024? My view would be that at this point, markets are moving too fast ...
In his latest interview with ausbiz, Peter Dragicevich, APAC Currency Strategist at Corpay Cross-Border Solutions, discusses the current market scenarios and the impact of US CPI data.
Dollar on course for biggest one-day drop in a year
“The “US exceptionalism” trade’s best days are behind it, so traders and investors will seek to rebalance portfolios before year end” - Corpay’s Karl Schamotta
