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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
News4

Dollar drops after U.S. inflation data, jobless claims
Cross-Border

Dollar drops after U.S. inflation data, jobless claims

“Markets are doubling down on ‘soft landing’ bets this morning after U.S. consumer inflation slowed as expected, reducing the need for further monetary tightening from the Federal Reserve,” wrote Karl Schamotta.

ausbiz: RBA says inflation will back to target in 2025
Cross-Border

ausbiz: RBA says inflation will back to target in 2025

Peter Dragicevich, APAC Currency Strategist at Corpay Cross-Border Solutions, paints a picture of the current economic landscape.

The Sydney Morning Herald: ‘Risk-free’ asset takes a hit as US downgrade dents confidence
Cross-Border

The Sydney Morning Herald: ‘Risk-free’ asset takes a hit as US downgrade dents confidence

Currency strategist at foreign exchange provider Corpay Peter Dragicevich said the downgrade had probably compounded pressure on the Aussie dollar after Tuesday’s Reserve Bank decision to keep the cash rate on hold.

Financials, tech boost Toronto stocks on hopes of end to Fed rate hikes
Cross-Border

Financials, tech boost Toronto stocks on hopes of end to Fed rate hikes

"Markets are anticipating an end to the global tightening cycle within months. Ultimately this is a relief to markets," Karl Schamotta, chief market strategist at Corpay.

Next electoral cycle to be challenging for Trudeau because of the big ramp up in spending: Schamotta
Cross-Border

Next electoral cycle to be challenging for Trudeau because of the big ramp up in spending: Schamotta

Karl Schamotta shares his view on Canada's economic outlook. Schamotta says the market is overly convinced the is now on the sidelines. He adds the loonie is really struggling to push higher as the U.S. Fed is expected to keep rising rates.

Corpay Cross-Border Launches Netting Manager to Streamline and Automate Internal Invoice Settlement
Cross-BorderRisk management

Corpay Cross-Border Launches Netting Manager to Streamline and Automate Internal Invoice Settlement

Netting Manager can help optimize intercompany financial transactions, reducing costs and improving efficiency and cash flow management

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