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Financial Post: Posthaste: How the U.S. dollar stole the Canadian dollar's petrocurrency thunder

“The shale revolution turned the United States into the world’s largest oil and natural gas producer, meaning energy price swings now feed more directly into American trade balances, capital flows and Fed policy expectations,” Karl Schamotta, Corpay.

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By Cross-Border
Apr 9, 2026
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Corpay partners with Great Britain SailGP Team to support team’s ambition to Protect Our Future
Cross-BorderGlobal paymentsRisk management

Corpay partners with Great Britain SailGP Team to support team’s ambition to Protect Our Future

Corpay partners with Great Britain SailGP Team to support team’s ambition to Protect Our Future

FOREX-Dollar edges higher as traders await Fed rate move
Cross-Border

FOREX-Dollar edges higher as traders await Fed rate move

"It's going to be very difficult for the Fed to out-hawk markets at this point, given the level of expectations going into tomorrow," said Karl Schamotta, Chief Market Strategist at Corpay.

Rise in dollar to 20-year high costs US companies billions in earnings
Cross-Border

Rise in dollar to 20-year high costs US companies billions in earnings

“All that suggests we shouldn’t see as much outperformance in the dollar, unless there is a big safe-haven move,” said Karl Schamotta, chief market strategist at Corpay.

Corpay Announces New Sponsorship with England Polo
Cross-BorderGlobal paymentsRisk management

Corpay Announces New Sponsorship with England Polo

Corpay named new sponsor of England Polo and official partner of Hurlingham Polo Association

Corpay to Attend Annual CFMA Conference
Commercial CardsExpense management

Corpay to Attend Annual CFMA Conference

The CFMA and Corpay partnership has helped construction financial professionals streamline their payment processes.

ANALYSIS-Dollar's surge spurs currency hedging by U.S. companies
Cross-Border

ANALYSIS-Dollar's surge spurs currency hedging by U.S. companies

“Corporates have been spurred into action by the dollar’s untrammeled rise - and by the breaking of psychological barriers in most major exchange rates,” said Karl Schamotta, chief market strategist at business payments company Corpay.

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