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Reuters: Canadian dollar hits a 3-week low as appeal of US assets grows

"The U.S. dollar (.DXY), is steamrolling all of its major rivals, including the Canadian dollar, this morning after another round of data releases failed to deliver any appreciable evidence of a tariff-led slowdown," said Karl Schamotta.

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Jul 17, 2025
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U.S. dollar slides as markets re-evaluate Fed rate path
Cross-Border

U.S. dollar slides as markets re-evaluate Fed rate path

"Falling commodity prices could help pull headline inflation prints downward - particularly into the autumn months - reducing the need for aggressive monetary tightening," said Karl Schamotta, chief market strategist at payments company Corpay in Toronto.

Investors need a short-term and longer-term plan as rate hikes expectations change: Strategist
Cross-Border

Investors need a short-term and longer-term plan as rate hikes expectations change: Strategist

Karl Schamotta, chief market strategist at Corpay, joins BNN Bloomberg to discuss markets as investors prepare for a recession.

Corpay Cross-Border Announced as FINA’s Official FX Payments Supplier
Cross-BorderGlobal paymentsRisk management

Corpay Cross-Border Announced as FINA’s Official FX Payments Supplier

The Fédération Internationale de Natation (FINA) and Corpay, a FLEETCOR® (NYSE: FLT) brand and global leader in business payments, are today delighted to announce a multi-year collaboration that will see Corpay Cross-Border...

Corpay Announces New Collaboration with PracBiz
Cross-BorderGlobal paymentsRisk management

Corpay Announces New Collaboration with PracBiz

Corpay partners with Great Britain SailGP Team to support team’s ambition to Protect Our Future
Cross-BorderGlobal paymentsRisk management

Corpay partners with Great Britain SailGP Team to support team’s ambition to Protect Our Future

Corpay partners with Great Britain SailGP Team to support team’s ambition to Protect Our Future

FOREX-Dollar edges higher as traders await Fed rate move
Cross-Border

FOREX-Dollar edges higher as traders await Fed rate move

"It's going to be very difficult for the Fed to out-hawk markets at this point, given the level of expectations going into tomorrow," said Karl Schamotta, Chief Market Strategist at Corpay.

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