Newsroom | Corpay

Newsroom | Corpay

Industry News

Market Turbulence Could Shake Loonie

September 10, 2024 - Corpay chief market strategist Karl Schamotta talks with Financial Post's Larysa Harapyn about how the stock market performance and the U.S. Federal Reserve could impact the Canadian dollar this fall.

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Industry News

US dollar regains footing as traders pare bets on big Fed rate cut

September 10, 2024 - "Currency markets are seeing a bout of mean-reversion: after Friday's payrolls report and subsequent Fed speakers failed to build a convincing case for an emergency-scaled cut at next week's central bank meeting,

Industry News

August US payrolls short of expectations, boosts bigger rate cut view

September 6, 2024 - "The U.S. economy looks more likely to gouge the runway in the months ahead, justifying an increasingly aggressive response from officials at the Federal Reserve," says Corpay chief market strategist Karl Schamotta.

Industry News

Corpay Announces Strategic Partnership With Power Cloud Consulting

September 6, 2024 - Collaboration set to enhance financial management and payment solutions for mutual clients

Industry News

Loonie Rally That Defies Bank of Canada Rate Cuts to Persist

September 3, 2024 - “The dollar’s broad-based decline is doing the bulk of the work in driving the loonie higher, but a number of idiosyncratic factors are also providing lift,” says Karl Schamotta, chief market strategist at Corpay

Industry News

CNBC: There is scope for the Japanese Yen to re-strength: Currency strategist Peter Dragicevich from Corpay shares his view on the Japanese yen.

August 26, 2024 - interest.co.nz: Corpay's Peter Dragicevich explains why there are more headwinds than tailwinds ahead for the NZ dollar, suggesting the dwindling yield advantage will ultimately act as a handbrake

Industry News

Canadian dollar climbs to 5-week high ahead of inflation data

August 25, 2024 - The Canadian dollar, which increasingly functions as a proxy for global risk appetite, is gaining as investors pile into 'soft landing' bets and could continue to do so

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