Resources

The clear (and covert) advantages of paying in local currency

Is it time to explore opening foreign-denominated bank accounts? This could add control and visibility to your cash management, and it may make it easier for your vendors and customers abroad – especially if they issue you invoices in their local currency.

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By Cross-Border
Oct 31, 2024
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Tumbling US dollar a boon to risk assets across the globe
Cross-Border

Tumbling US dollar a boon to risk assets across the globe

"The dollar is plunging toward levels that prevailed before the Fed started hiking, and we're seeing risk-sensitive currencies melt up on a global basis," says Karl Schamotta, chief market strategist at Corpay.

Innovation during a downturn: Accomplishing more with less
Cross-BorderGlobal paymentsRisk management

Innovation during a downturn: Accomplishing more with less

In our conversation with Corinne, she describes her vision for Corpay’s technology. It is ambitious, intuitive and above all, client centric. The goal is to build premium products for the future and to provide tailored solutions for each client.

Capitulation: A Q3 Currency Market Outlook
Cross-Border

Capitulation: A Q3 Currency Market Outlook

Inflation rates remain above target and a range of recessionary indicators are flashing more ever more insistently, raising the likelihood of a broader economic slowdown and a reset in currency markets. So, what can businesses expect in the coming quarter?

BoC to raise another quarter point, it could be 'one and done'
Cross-Border

BoC to raise another quarter point, it could be 'one and done'

Karl Schamotta, chief market strategist at Corpay, joins BNN Bloomberg to discuss his expectations for the Bank of Canada's rate announcement.

Markets think inflation has rolled over and no further tightening is needed
Cross-Border

Markets think inflation has rolled over and no further tightening is needed

Karl Schamotta, chief market strategist at Corpay, joins BNN Bloomberg for his view on the latest inflation print out of the U.S. Schamotta says the number provide a positive outlook on the inflation front.

Dollar skids to two-month low, pound climbs to 15-month peak on wage growth data
Cross-Border

Dollar skids to two-month low, pound climbs to 15-month peak on wage growth data

Market participants should remember that U.S. data releases still have the capacity to shock: if the core inflation measures surprise to the upside, front-end yields could leg higher once again, and the dollar might stage a surprising rebound.

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