Dollar skids to two-month low, pound climbs to 15-month peak on wage growth data
Category:Cross-Border
Updated:2023-07-11
"Market participants should remember that U.S. data releases still have the capacity to shock: if the core or 'supercore' inflation measures surprise to the upside, front-end yields could leg higher once again, and the dollar might stage a surprising rebound," said Karl Schamotta, chief market strategist at Corpay in Toronto. Read Corpay's Karl Schamotta's comments in the Reuters article.
Switch to Corpay
Discover how making the move to Corpay streamlines payments and strengthens your business.
Talk to an ExpertSmarter payments. Stronger growth. Keep business moving.
Corpay powers payments for 800,000+ businesses worldwide. Let’s build what’s next for yours.