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CNBC: Dollar trades lower as Trump's move to fire Fed governor spooks investors

With the Fed's reaction function shifting away from inflation and toward an emphasis on labor market conditions, these numbers should help ratify market pricing for at least two rate cuts this year, and add to the factors weighing on the dollar.

Aug 26, 2025

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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Cross-Border Global payments Risk management

Corpay Cross-Border Announced as World Table Tennis’s Official Global FX Payments Supplier

Providing access to cross-border payments and currency risk management solutions

Cross-Border Global payments Risk management

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Providing access to cross-border payments and currency risk management solutions

Cross-Border

The strong dollar slumps

Read Corpay's Karthik Sankaran's comments in the Financial Times article here.

Cross-Border

Dollar loses ground after economic data boosts risk appetite

"Risk appetite has improved. That tends to weaken the dollar," said Karl Schamotta, chief market strategist at payments company, Corpay.

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