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CNBC: Dollar weakens after strong rally as U.S. government shutdown looms

"History would suggest that a short-lived government shutdown should have a relatively modest impact on the economy and on currency markets," said Karl Schamotta, chief market strategist, at Corpay in Toronto.

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Sep 30, 2025
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GLOBAL MARKETS-Stocks ease with Apple, dollar inches up after U.S. data
Cross-Border

GLOBAL MARKETS-Stocks ease with Apple, dollar inches up after U.S. data

Recent economic reports are "supporting the case for continued aggregate income growth while pushing recession worries further into the future" - Corpay’s Karl Schamotta

Mortgage renewal payments to be higher going forward even as rates get cut
Cross-Border

Mortgage renewal payments to be higher going forward even as rates get cut

Karl Schamotta, chief market strategist of Corpay and Royce Mendes, managing director and head of Macro Strategy of Desjardins, joins BNN Bloomberg to discuss Canada's housing market.

Corpay Cross-Border Named the Official Commercial FX Partner for Aston Villa Football Club
Cross-BorderGlobal payments

Corpay Cross-Border Named the Official Commercial FX Partner for Aston Villa Football Club

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

ausbiz: Is the bottom in for the Australian Dollar?
Cross-Border

ausbiz: Is the bottom in for the Australian Dollar?

In his latest interview with ausbiz, Peter Dragicevich, at Corpay, discusses how the Australian Dollar has been hit from all sides, with a bout of risk aversion, interest rate differentials, and weaker Chinese growth weighing on the currency.

Dollar steady as Fed's Powell says higher rates may be needed
Cross-Border

Dollar steady as Fed's Powell says higher rates may be needed

"On balance, this is a modestly less hawkish speech than markets had feared," said Karl Schamotta, chief market strategist at Corpay in Toronto.

The weakness in China has been a long time coming: Strategist
Cross-Border

The weakness in China has been a long time coming: Strategist

Karl Schamotta, chief market strategist at Corpay, joins BNN Bloomberg to discuss oil prices that continue to fall for the third day on worries about Chinese demand. He also talks about loonie and the U.S. dollar.

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