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Reuters: US dollar gains after Friday's slump as Fed cuts loom; Swiss franc drops

July’s rebound in the dollar ran into a wall last week, but so far there’s no sign of a big jump in any risk premium for holding U.S. assets, said Karl Schamotta, chief market strategist, at Corpay in Toronto.

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Aug 4, 2025
News5

U.S. expected to hike interest rates again, but investors wonder: is this the last time?
Cross-Border

U.S. expected to hike interest rates again, but investors wonder: is this the last time?

Karl Schamotta, chief market strategist at Corpay, says Fed chair Jerome Powell has to thread the needle of showing the central bank is committed to bringing down inflation while also signalling that the pace of rate hikes is going to slow soon.

U.S. dollar pulls back as markets price in slower Fed hikes from December
Cross-Border

U.S. dollar pulls back as markets price in slower Fed hikes from December

"Markets are hoping (Fed Chair) Jerome Powell will step into his Santa costume early, signaling a slower and more gradual pace of rate hikes in the months ahead," said Karl Schamotta, chief market strategist, at Corpay in Toronto.

Cost of Living with Paul Haavardsrud
Cross-Border

Cost of Living with Paul Haavardsrud

What's scarier than a recession at home? A recession around the world.

Techday IT Jams: "Video: 10 Minute IT Jams - An update from Corpay"
Cross-Border

Techday IT Jams: "Video: 10 Minute IT Jams - An update from Corpay"

David Britten, Managing Director APAC, Corpay Cross-Border Solutions, sat down with Techday to provide insights into Corpay and how the company is operating in the market, as well as why businesses need to invest in a good multi-currency FX partner.

Japanese yen jumps vs dollar, traders suspect intervention
Cross-Border

Japanese yen jumps vs dollar, traders suspect intervention

"It looks like the Ministry of Finance is intervening here. We are seeing lots of dollar selling and the yen moving almost vertically as shorts get squeezed," Karl Schamotta, chief market strategist, at Corpay in Toronto.

Canada's politicians will stay aligned with financial stability to avoid U.K.'s fate: Strategist
Cross-Border

Canada's politicians will stay aligned with financial stability to avoid U.K.'s fate: Strategist

Karl Schamotta, chief market strategist at Corpay, joins BNN Bloomberg to discuss his view on Canada's economic situation following the latest retail data. Schamotta says that the BoC could raise rates by either 50 or 75 basis points next week.

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