Corpay

Topic: Cross-Border

The 2024 UK General Election: Nothing to see here? Depends on where you look

Conventional wisdom says that no matter how anxiously results are awaited, polls are watched, and how much ink is spilt, elections results usually have very little effect on global currency markets. We’ll test that theory —and others— in our conversation.

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By Cross-Border
Jun 24, 2024
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CANADA FX DEBT-C$ hits 7-week low as global financial conditions tighten

CANADA FX DEBT-C$ hits 7-week low as global financial conditions tighten

“The primary force is the rise in U.S. rates that is effectively tightening global financial conditions,” said Karl Schamotta, chief market strategist at Corpay.

Currency Conversion and Global Trade’s Hidden Costs

Currency Conversion and Global Trade’s Hidden Costs

Australian companies and overseas organisations complete billions of dollars worth of international payments through the global banking system every year.

ausbiz: Shifting rate differentials weigh on Australian dollar

ausbiz: Shifting rate differentials weigh on Australian dollar

Peter Dragicevich, APAC Currency Strategist at Corpay, joined ausbiz today and observes a more cautious vibe across risk markets, with the US data and comments from US Fed officials reinforcing the higher-for-longer interest rate theme.

Hedging Risk and Setting Budget Rates

Hedging Risk and Setting Budget Rates

An informed approach to managing global payments and foreign currency exposure—for one payment or thousands—will benefit your business, saving time, protecting your bottom line, and allowing you to take advantage of new opportunities.

Dollar hits six-week high vs yen, rallies from two-week low after U.S. inflation data

Dollar hits six-week high vs yen, rallies from two-week low after U.S. inflation data

"Core prices continue to rise at an uncomfortable pace, making (Fed Chair) Jerome Powell's 'higher for longer' message seem more persuasive," Schamotta said.

Loonie is lagging Canada's strong economy, when economy slows loonie will struggle even more: Strategist

Loonie is lagging Canada's strong economy, when economy slows loonie will struggle even more: Strategist

Karl Schamotta, chief market strategist at Corpay, joins BNN Bloomberg for his view on the loonie and the Canadian economy.

Smarter payments. Stronger growth. Keep business moving.

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