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Wall Street Journal: Bank of Canada Likely to Cut Rates as Economy, Job Market Sharply Weakens

"Canada's economy is in dire need of more monetary morphine," said Karl Schamotta, chief market strategist at Corpay, a foreign-exchange and global-payments company.

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Sep 16, 2025
News10

Daily Bulletin: AUD Volatility: Preparing for an uncertain future
Cross-Border

Daily Bulletin: AUD Volatility: Preparing for an uncertain future

Peter Dragicevich, Corpay Cross-Border Solutions' Currency Strategist APAC shared with Daily Bulletin the sharp rise in interest rates and tighter monetary policy suggests that things will get worse before they start to look better.

US dollar drifts higher as likely Fed pause in focus
Cross-Border

US dollar drifts higher as likely Fed pause in focus

"The greenback is responding to typical 'dollar smile' dynamics, tumbling as growth differentials converge and volatility fears drop across the financial markets," said Karl Schamotta, chief market strategist at Corpay in Toronto.

ausbiz: CPI gives the RBA another reason to hike
Cross-Border

ausbiz: CPI gives the RBA another reason to hike

In his latest interview with ausbiz, Peter Dragicevich, APAC Currency Strategist at Corpay Cross-Border Solutions, suggests that the Chinese economy is faltering, operating on a two-speed system where services lead, yet is currently losing momentum.

Savings Tip Jar: What a weak Aussie Dollar means for you
Cross-Border

Savings Tip Jar: What a weak Aussie Dollar means for you

In the latest episode of the Savings Tip Jar, Corpay Cross-Border Solutions' Currency Strategist for APAC, Peter Dragicevich, shares his expert insights into how the Aussie dollar will fare over the next two quarters

Cost of insuring vs US default increases before vote on debt ceiling bill
Cross-Border

Cost of insuring vs US default increases before vote on debt ceiling bill

"Markets remain broadly unconcerned," Karl Schamotta wrote.

UPDATE 1-Cost of insuring against US default contracts further on debt bill hopes
Cross-Border

UPDATE 1-Cost of insuring against US default contracts further on debt bill hopes

"We suspect these fears are likely overdone," wrote Karl Schamotta, chief market strategist at Corpay in Toronto.

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