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CNBC: Dollar trades lower as Trump's move to fire Fed governor spooks investors

With the Fed's reaction function shifting away from inflation and toward an emphasis on labor market conditions, these numbers should help ratify market pricing for at least two rate cuts this year, and add to the factors weighing on the dollar.

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Aug 26, 2025
News6

Canadian dollar headed toward 70 cents
Cross-Border

Canadian dollar headed toward 70 cents

Karl Schamotta, chief market strategist at Corpay Cross Border Payments, speaks to the Financial Post's Larysa Harapyn about the outlook for the Canadian dollar and what factors are impacting price fluctuations.

Dollar Falls as U.S. Yields Ease; Euro Rallies
Cross-Border

Dollar Falls as U.S. Yields Ease; Euro Rallies

"We're seeing a drop in interest rate expectations across the financial markets on the basis of Reserve Bank of Australia's surprise smaller-than-expected hike," said Karl Schamotta, chief market strategist at Corpay in Toronto.

The currencies of Mexico and Brazil resist the fall of global markets
Cross-Border

The currencies of Mexico and Brazil resist the fall of global markets

"I don't think it's primarily because they're better run economies," says Karthik Sankaran of Corpay, "it's just that the circumstances have been better for these two countries than for most other countries." the other emerging ones”.

Canadians won't escape the effects of global currency chaos
Cross-Border

Canadians won't escape the effects of global currency chaos

Karl Schamotta who helps Canadian companies deal with currency risk, said that while that kind of U.S. protectionism may arise again, there is often a lag of years between shifts in the value of currencies and the price of imports.

eCommerce News Australia: "Exclusive: Corpay plans to provide more hedging features"
Cross-BorderRisk managementGlobal payments

eCommerce News Australia: "Exclusive: Corpay plans to provide more hedging features"

Read the article featuring Corpay Cross-Border Solutions in eCommerce News Australia

Persistent inflation to push Fed to tighten more, delay rate peak
Cross-Border

Persistent inflation to push Fed to tighten more, delay rate peak

"It's not clear that you need that shock and awe right now where we are," said Karthik Sankaran, a senior market strategist at Corpay Cross-Border Solutions, referring to a surprise 100-basis-point hike.

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