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Reuters: Dollar drops as Powell signals possible September rate cut

Karl Schamotta, chief market strategist at Corpay in Toronto, said Powell's message was far more dovish than markets had anticipated.

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Aug 22, 2025
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Dynamic Business: Let’s Talk: Supply chain blues? Try these expert-approved solutions
Cross-Border

Dynamic Business: Let’s Talk: Supply chain blues? Try these expert-approved solutions

David Britten, Managing Director APAC, Corpay Cross-Border Solutions, shares insight into the recurring expenses involved in a cross-border payment that business owners should expect and how SMEs can plan to protect their bottom line.

Fed raises rates by half percentage point, sees economy nearing stall speed
Cross-Border

Fed raises rates by half percentage point, sees economy nearing stall speed

“Taken together, today’s statement and economic projections tell a simple story...” said Karl Schamotta.

The loonie could see upside as a result of the Santa Claus rally: Strategist
Cross-Border

The loonie could see upside as a result of the Santa Claus rally: Strategist

Karl Schamotta, chief market strategist at Corpay, joins BNN Bloomberg for his view on the loonie.Schamotta says the Canadian dollar could see upside into the year-end.

Dynamic Business: Let’s Talk: What recurring expenses can business owners expect in the initial stages?
Cross-Border

Dynamic Business: Let’s Talk: What recurring expenses can business owners expect in the initial stages?

David Britten, Managing Director APAC, Corpay Cross-Border Solutions, shares insight into the recurring expenses involved in a cross-border payment that business owners should expect and how SMEs can plan to protect their bottom line.

FIA announces Corpay as Official FX Payment Supplier
Cross-BorderGlobal paymentsRisk management

FIA announces Corpay as Official FX Payment Supplier

The Fédération Internationale de l'Automobile (FIA), the governing body of world motorsport and the federation of the world's leading motoring organizations, has entered into a multi-year agreement with Corpay’s Cross-Border

Canada's inverted yield curve adds to BoC rate hike dilemma
Cross-Border

Canada's inverted yield curve adds to BoC rate hike dilemma

"Markets think the Canadian economy is about to suffer a triple blow as domestic consumption collapses, U.S. demand weakens and global commodity prices drop," said Karl Schamotta, chief market strategist at Corpay.

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