U.S. expected to hike interest rates again, but investors wonder: is this the last time?
Karl Schamotta, chief market strategist at Corpay, says Fed chair Jerome Powell has to thread the needle of showing the central bank is committed to bringing down inflation while also signalling that the pace of rate hikes is going to slow soon.
U.S. dollar pulls back as markets price in slower Fed hikes from December
"Markets are hoping (Fed Chair) Jerome Powell will step into his Santa costume early, signaling a slower and more gradual pace of rate hikes in the months ahead," said Karl Schamotta, chief market strategist, at Corpay in Toronto.
How to Tackle the Top 3 Challenges in Business Payments
Working with multiple systems, the growing threat of fraud, and the lack of visibility into data are the top three challenges treasury professionals face with business payments.
Techday IT Jams: "Video: 10 Minute IT Jams - An update from Corpay"
David Britten, Managing Director APAC, Corpay Cross-Border Solutions, sat down with Techday to provide insights into Corpay and how the company is operating in the market, as well as why businesses need to invest in a good multi-currency FX partner.
Japanese yen jumps vs dollar, traders suspect intervention
"It looks like the Ministry of Finance is intervening here. We are seeing lots of dollar selling and the yen moving almost vertically as shorts get squeezed," Karl Schamotta, chief market strategist, at Corpay in Toronto.
