Peter Dragicevich, APAC Currency Strategist at Corpay, joined ausbiz today to discuss what could happen after the US Fed meeting tomorrow and the outlook for US interest rates and the economy.
Australian FinTech: Is fintech opening currency hedging for small businesses?
Corinne MacMillan, Chief Product Officer, Corpay Cross-Border Solutions, shares insight into how fintech platforms can bridge the gap for SME businesses as the cross-border payments sector prepares for transformation.
Welcome to FX in Focus - our podcast, designed for the business-savvy to stay updated on developments in the global B2B payments industry and on trends affecting the international currency markets.
Dollar edges higher as U.S. data lends support; yen holds gains
“The dollar is gaining as this morning’s stronger-than-forecast data lifts rate expectations for the new year,” said Karl Schamotta, chief market strategist at business payments company Corpay.
Karthik Sankaran, senior FX wizard at Corpay, points out the biggest burdens dragging down the yen are starting to lighten: the pace of Fed rate increases, which lure capital out of Japan, and the global energy shock hurting its trade balance.
