By “Even with the windfall from higher oil prices flowing into the terms of trade, the economy needs to demonstrate that it can generate sustained, broad-based growth before the Bank of Canada can justify tightening,” said Karl Schamotta, Corpay.
'Year of the whiplash': Loonie could fall up to four cents by end of 2023
Karl Schamotta, chief market strategist at Corpay, talks with Financial Post’s Larysa Harapyn about the shifting dynamics for the U.S. and Canadian dollars.
Australian Financial Review: Global rates tumble as confidence in peak inflation soars
The week of central bank action “reinforced the current market theme that the rate hiking stage of this cycle is in its final stages”, said Peter Dragicevich, Corpay currency strategist.
Peter Dragicevich, APAC Currency Strategist at Corpay, joined ausbiz today to discuss what could happen after the US Fed meeting tomorrow and the outlook for US interest rates and the economy.
Australian FinTech: Is fintech opening currency hedging for small businesses?
Corinne MacMillan, Chief Product Officer, Corpay Cross-Border Solutions, shares insight into how fintech platforms can bridge the gap for SME businesses as the cross-border payments sector prepares for transformation.
Risk aversion weighs on C$ ahead of Fed rate decision
“Implied volatility is ratcheting up and risk-sensitive (currency) pairs are generally selling off as traders batten the hatches ahead of this week’s central bank meetings,” said Karl Schamotta, chief market strategist at Corpay.
US dollar hits reverse gear as Fed cedes rate-rise ‘driver’s seat
“The dollar doom loop that markets were so worried about last year has turned into the dollar boom loop,” said Karl Schamotta, chief market strategist at Corpay.
