Dollar edges higher as U.S. data lends support; yen holds gains
“The dollar is gaining as this morning’s stronger-than-forecast data lifts rate expectations for the new year,” said Karl Schamotta, chief market strategist at business payments company Corpay.
Karthik Sankaran, senior FX wizard at Corpay, points out the biggest burdens dragging down the yen are starting to lighten: the pace of Fed rate increases, which lure capital out of Japan, and the global energy shock hurting its trade balance.
David Britten, Managing Director APAC, Corpay Cross-Border Solutions, shares insight into the recurring expenses involved in a cross-border payment that business owners should expect and how SMEs can plan to protect their bottom line.
The loonie could see upside as a result of the Santa Claus rally: Strategist
Karl Schamotta, chief market strategist at Corpay, joins BNN Bloomberg for his view on the loonie.Schamotta says the Canadian dollar could see upside into the year-end.
Dynamic Business: Let’s Talk: What recurring expenses can business owners expect in the initial stages?
David Britten, Managing Director APAC, Corpay Cross-Border Solutions, shares insight into the recurring expenses involved in a cross-border payment that business owners should expect and how SMEs can plan to protect their bottom line.
