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Capital Rules Everything Around Me: The Making of a Reserve Currency

There can be misunderstandings about what qualifies the US dollar to be the global reserve currency. In the last few years, this subject has been kicked around, with the rise of the BRICS trading bloc and rumoured decline in the petrodollar system.

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By Cross-Border
Sep 1, 2025
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Bloomberg: Canada Loses 33,000 Jobs in Biggest Drop Since 2022; Bonds Rally

Bloomberg: Canada Loses 33,000 Jobs in Biggest Drop Since 2022; Bonds Rally

(Today’s Canadian job) numbers suggest “a relatively-positive early-year growth handoff is running out of steam,”

BNN Bloomberg: Canadian unemployment rate could push BoC to neutral rate

BNN Bloomberg: Canadian unemployment rate could push BoC to neutral rate

Corpay Cross-Border Solutions chief market strategist Karl Schamotta joined BNN Bloomberg for a double-header this morning to discuss US and Canadian jobs numbers

Yahoo Finance: Bank of Canada rate pause likely amid 'extremely fluid' tariff situation: Economists

Yahoo Finance: Bank of Canada rate pause likely amid 'extremely fluid' tariff situation: Economists

"The unprecedented tidal wave of uncertainty that has washed across financial markets and the global economy looks unlikely to retreat in the near term," Karl Schamotta

CBC: Trump wants to upend the entire global order. Can he stomach the price tag?

CBC: Trump wants to upend the entire global order. Can he stomach the price tag?

"The U.S. can't have its cake and eat it, too," says Karl Schamotta, chief market strategist at the financial services firm Corpay Cross-Border Solutions.

2025 Economic Outlook Survey: Surfing the waves of market turbulence
Cross-BorderGlobal paymentsRisk management

2025 Economic Outlook Survey: Surfing the waves of market turbulence

Unpredictable market shifts can impact business' cash flow and profitability. We examine the challenges companies face as they look to refine their FX approach and make more informed decisions in what looks to be an increasingly challenging year ahead.

FX in Focus: The Merits of Local Currency Accounts

FX in Focus: The Merits of Local Currency Accounts

Why would a business consider opening a foreign currency account? We explore how companies making regular payments to international suppliers, or receiving payments from customers in multiple countries, could benefit from a local currency account.

Smarter payments. Stronger growth. Keep business moving.

See how corpay brings AP, card programs, lodging, fleet and cross-borders together