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Bloomberg: Dollar Rallies as Fed Officials Open Door to 2026 Rate Hike

The Fed “signaled a dramatic hawkish shift in its reaction function at Kevin Warsh’s first meeting as chair,” said Karl Schamotta, chief market strategist at Corpay Cross-Border Solutions.

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By Cross-Border
Jun 17, 2026
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Reuters: Canada adds jobs but not enough to change expectations for hold on rates
Cross-Border

Reuters: Canada adds jobs but not enough to change expectations for hold on rates

If we look at the underlying details, they suggest that the Canadian job creation engine continued to decelerate and lose momentum…

Reuters: Shares gain, dollar slips as Fed's Powell sounds caution
Cross-Border

Reuters: Shares gain, dollar slips as Fed's Powell sounds caution

"Powell did his utmost to subtly convince markets of the Federal Reserve's commitment to holding rates in restrictive territory for a prolonged period of time…

BNN Bloomberg: Closer look at the economy and currencies
Cross-Border

BNN Bloomberg: Closer look at the economy and currencies

Karl Schamotta, chief market strategist with Corpay, joins BNN Bloomberg for a closer look at Canada's economy and offers his view on the markets.

ausbiz: How lower-than-expected Aussie inflation will impact markets
Cross-Border

ausbiz: How lower-than-expected Aussie inflation will impact markets

In his latest interview with ausbiz, Peter Dragicevich, APAC Currency Strategist at Corpay Cross-Border Solutions, outlines his perspective on the recent Aussie inflation data, which notably came in lower than expected.

Higher for longer US rates would help dollar regain lost ground
Cross-Border

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
Cross-Border

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...

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