Newsroom | Corpay

Newsroom | Corpay

Industry News

Canadian dollar posts weekly loss as data shows slowing domestic economy

March 22, 2024 - "This morning's retail sales number was better than expected, but remained consistent with the evaporation in domestic consumer demand that has been sapping the Canadian economy's momentum for months,"

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Industry News

Dollar gains on risk sentiment, Swiss franc falls on surprise SNB cut

March 21, 2024 - "The U.S. does remain the only game in town in global markets offering higher yields, in nominal and real terms, than any of the other major economic blocs,"

Industry News

Remarkable that Fed and markets came into alignment regarding rate cuts

March 20, 2024 - Karl Schamotta, chief market strategist with Corpay, joins BNN Bloomberg to discuss his expectations for the Fed's rate decision this afternoon. Schamotta says once the Fed starts cutting rates, it won't press the brake pedal that dramatically,

Industry News

Dollar drifts lower as market digests inflation data

Industry News

Dollar drifts lower as market in consolidation post-inflation data

March 14, 2024 - “We think the implications (of the CPI report) for near-term shifts in Federal Reserve policy are minimal - officials know not to extrapolate early-year inflation data forward,"

Industry News

US dollar drifts lower, market consolidates gains post-inflation data

March 14, 2024 - “A narrow path for further weakness exists under a muddle-through scenario, in which global growth rates remain modestly positive and market surprises are kept to a minimum, but renewed dollar strength remains plausible under a broader range ...”

Industry News

Calculum Inc. Joins Forces With Corpay To Streamline Supplier Payments For Calculum Customers

March 13, 2024 - Integration of Corpay Payments Automation into Calculum’s platform enables companies to gain greater financial visibility and cultivate stronger supplier relationships.

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