Newsroom | Corpay

Newsroom | Corpay

Industry News

Barrons: The Stock Market Is Off to a Strong Start in January. What Lies Ahead.

January 6, 2025 - Karl Schamotta, chief market strategist with Corpay Cross-Border Solutions, said in a report Monday morning that investors need to be wary of potential tariffs.

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Industry News

New York Post: Trump slams Washington Post report that he will scale back tariff plan: ‘Another example of Fake News’

January 6, 2025 - “The reality here is that Trump’s Truth Social views are going to drive FX volatility for a while and (Monday) morning’s reaction is indicative of the underlying dynamics,” said Karl Schamotta, chief market strategist at Corpay in Toronto.

Industry News

Reuters: How investments may fare during Trump 2.0 and Fed easing

December 23, 2024 - "Another year of spectacular gains in the dollar might break something in the global economy

Industry News

Reuters: Canadian dollar hits multi-year low on hawkish Fed

December 18, 2024 - "Demand for protection against a downside move in the loonie has soared," said Karl Schamotta, chief market strategist at Corpay

Industry News

Reuters: Canadian dollar hits nearly five-year low on political turbulence

December 18, 2024 - "We think this level of political turbulence will raise uncertainty levels for Canadian consumers and businesses, adding to the headwinds already facing productivity-enhancing investment," Karl Schamotta, chief market strategist at Corpay, said in a note.

Industry News

CNN: The Fed is about to deliver the last rate cut for a while

December 18, 2024 - “Fed officials are in a really awkward spot with this rate cut,” Karl Schamotta, chief market strategist at Corpay, told CNN.

Industry News

Australian Financial Review: Why Australians should ditch Europe this Christmas

December 18, 2024 - Peter Dragicevich, a currency strategist at business payments outlet Corpay, predicts the Aussie will rise to 63.5¢ against the euro by the end of next year.

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