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FX 101: Understanding the basics of the foreign exchange market

Global trade was built on foreign exchange. Cultural, scientific, and intellectual exchange has shaped our world. Nevertheless, it can be challenging for businesses operating cross-border to navigate the intricacies of the FX markets.

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By Cross-Border
Sep 18, 2024
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Recession bets rise in Canada as sticky inflation points to higher rates

Recession bets rise in Canada as sticky inflation points to higher rates

"If central banks such as the Bank of Canada continue to raise rates at this pace, they risk tilting the economy into a recession and forcing themselves into an eventual embarrassing climb down," said Karl Schamotta, chief market strategist at Corpay.

'Market volatility remains relatively suppressed' in months ahead

'Market volatility remains relatively suppressed' in months ahead

Karl Schamotta, chief market strategist of Corpay, joins BNN Bloomberg to discuss the U.S. and Canadian economy, the markets ahead of July's rate decision, and how the Canadian dollar compares to global currencies.

Australian Associated Press: Aust shares near three-month low as rates keep rising

Australian Associated Press: Aust shares near three-month low as rates keep rising

Corpay Cross-Border Solution's Currency Strategist for the APAC market, Peter Dragicevich, shared that risk markets were under pressure at the end of last week as global recession concerns rattled nerves.

ausbiz: Will the RBA follow the BOE's lead?

ausbiz: Will the RBA follow the BOE's lead?

In his latest interview with ausbiz, Peter Dragicevich, APAC Currency Strategist at Corpay Cross-Border Solutions, delves into the unexpected 50 basis point increase by the Bank of England and its consequences for other central banks.

Winning the FX Risk Reduction Battle: Eisenhower's WWII Tactics and Modern Hedging Strategies

Winning the FX Risk Reduction Battle: Eisenhower's WWII Tactics and Modern Hedging Strategies

We dive into the world of finance where managing risks is akin to leading troops into battle while managing the unknowns.

Dollar edges down after Powell testimony

Dollar edges down after Powell testimony

“Looks as if Powell failed to out-hawk markets that were braced for a more explicit ratification of the median projection in the latest dot plot summary of economic projections,” said Karl Schamotta.

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