Newsroom

Reuters: Dollar retreats, consolidates earlier gains, amid US govt shutdown risk

"Traders are largely ignoring the risk of a government shutdown, and are instead fading last week's dollar rally in anticipation of some softer labor market data releases in the days ahead," said Karl Schamotta, chief market strategist, at Corpay.

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Sep 29, 2025
News5

Job market held strong in April, providing little relief to Bank of Canada
Cross-Border

Job market held strong in April, providing little relief to Bank of Canada

Meanwhile, Karl Schamotta, chief market strategist at foreign exchange firm Corpay says the implications of the latest jobs data for interest rates are “unambiguous.”

C$ climbs to 2-week high as BoC rate cut bets ease
Global payments

C$ climbs to 2-week high as BoC rate cut bets ease

"Another blockbuster Canadian jobs number," said Karl Schamotta, chief market strategist at Corpay.

Why King Charles won't be on Canada's banknotes anytime soon
Cross-Border

Why King Charles won't be on Canada's banknotes anytime soon

Watch: Corpay's Karl Schamotta on the process to replace banknotes after King Charles' coronation

Regional and Central Banks performing a 'delicate dance' amid collapses and rate hikes
Cross-Border

Regional and Central Banks performing a 'delicate dance' amid collapses and rate hikes

Karl Schamotta joins BNN Bloomberg to discuss the upcoming moves of regional and central banks following the current trend of collapsing banks, continuous rate hikes by the U.S. Fed and of course, the looming threat of further inflation.

ausbiz: Banking sector worries weigh on markets
Cross-Border

ausbiz: Banking sector worries weigh on markets

In his latest interview with ausbiz, Peter Dragicevich, APAC Currency Strategist at Corpay Cross-Border Solutions, says the AUD spiked after the 'surprise' RBA rate hike, but offshore developments have seen the AUD give back a lot of its gains. 

Australian Fintech: RBA: Once more, with feeling
Cross-Border

Australian Fintech: RBA: Once more, with feeling

Following the RBA meeting on Tuesday, 02 May, Corpay Cross-Border Solution's currency strategist for the APAC market, Peter Dragicevich, has shared expert insight with Australian Fintech on what is the most aggressive tightening cycle in several decades.

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