Newsroom | Corpay

Newsroom | Corpay

Industry News

Loonie to face deeper correction in second half of 2023: Strategist

January 11, 2023 - Karl Schamotta, chief market strategist at Corpay, joins BNN Bloomberg for his view on the stock market, economy and currencies.

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Industry News

Economic resilience will fade in 2023, today's GDP doesn't change narrative: Strategist

December 23, 2022 - Karl Schamotta, chief market strategist at Corpay, joins BNN Bloomberg along Bloomberg's Derek Decloet to break down today's economic data.

Industry News

U.S. dollar gains as risk tolerance drops with hawkish central banks

December 22, 2022 - "Few expect the Federal Reserve to deliver on Wednesday's hawkishness," said Karl Schamotta, chief market strategist at Corpay in Toronto.

Industry News

Dollar edges higher as U.S. data lends support; yen holds gains

December 22, 2022 - “The dollar is gaining as this morning’s stronger-than-forecast data lifts rate expectations for the new year,” said Karl Schamotta, chief market strategist at business payments company Corpay.

Industry News

The BoJ flinches, but only a little

December 21, 2022 - Karthik Sankaran, senior FX wizard at Corpay, points out the biggest burdens dragging down the yen are starting to lighten: the pace of Fed rate increases, which lure capital out of Japan, and the global energy shock hurting its trade balance.

Industry News

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

December 16, 2022 - 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.

Industry News

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

December 14, 2022 - “Taken together, today’s statement and economic projections tell a simple story...” said Karl Schamotta.

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