Corpay Cross-Border Solutions

Why would a business consider opening a foreign currency account? In this episode of FX in Focus, we explore how companies making regular payments to international suppliers or employees, or receiving payments from customers in multiple countries, could benefit from a multi-currency account or a local currency account. Organizations ranging from multinationals with regional offices and subsidiaries and tech and SaaS companies with international clients, manufacturers with global supply chains, traditional importers and exporters, and many other types of businesses can leverage foreign currency accounts to support local currency transactions—from customers or clients or to vendors and suppliers. Listen to the podcast here: https://hubs.ly/Q03fwSNr0 #podcast #crossborderpayments #payments

"US unveiled 'reciprocal' tariffs this morning. Sentiment soured with bond yields & equity futures falling. AUD & NZD lost ground."    Read more from Peter Dragicevich here: https://lnkd.in/gbS_M9bB

A series of violent dislocations is unfolding across financial markets after US President Trump announced an unexpectedly-severe salvo of tariff increases, touching off a full-blown, multi-front global trade war while leaving major uncertainties in place. Saying that the United States had “been looted, pillaged, raped, and plundered by nations near and far, both friend and foe alike,” Trump said his administration would impose a 10-percent baseline tariff on imports from all countries, but would hit specific countries with significantly higher levies. More from Karl Schamotta: https://hubs.ly/Q03fFwlZ0 #marketwire #tariffs

“The foreign exchange market reaction could prove complex and counter-intuitive,” Karl Schamotta, chief market strategist at Corpay said in a note. “Although it might seem obvious that the euro, Canadian dollar, and Mexican peso could rally in response to a more conciliatory tone from the president, it’s almost impossible to know how much is already priced in.” Globe and Mail: Canadian dollar edges lower ahead of U.S. tariff announcement https://lnkd.in/gcvrwAVj

The dollar is retreating against most of its peers, Treasury yields are holding near one-month lows, and stock markets are sliding once again as the world counts down to US President Donald Trump’s tariff announcement later today. More from Karl Schamotta: https://hubs.ly/Q03fwKkd0

We're thrilled to co-sponsor the Wiggin Film & TV Summit! Connect with Nick Howsley and Mark Deans to explore how we support global film and TV productions in managing their currency requirements. Our solutions help streamline international payments, optimise cash flow, and reduce currency risk—so you can focus on bringing your vision to life. Find out more: https://lnkd.in/eGSB85YH #filmproduction #tvproduction #entertainmentandmedia #currencyrisk #fx

"US set to unveil its latest tariffs tomorrow. Still a lot of uncertainty on what will be announced. This can trigger another bout of volatility."  Read more from Peter Dragicevich here: https://lnkd.in/ggu-znwj

"Today's numbers provide more evidence of the stagflationary forces building within the American economy, threatening to put the Federal Reserve in a straitjacket amid one of the biggest economic policy disruptions in generations," said Karl Schamotta, chief market strategist, Corpay Reuters: Yen holds gains vs US dollar as markets brace for reciprocal tariffs https://lnkd.in/gJXspyrd

Corpay Cross-Border is proud to be featured in G2's 'Best Of' Software lists Top 100 Fastest Growing Products and Top 50 Best Accounting and Finance Products! Thank you to all our customers for helping us achieve this!

Trading activity is subsiding across financial markets this morning as participants prepare for today’s US job openings and Institute for Supply Management reports, and brace for tomorrow’s tariff decision. More from Karl Schamotta: https://hubs.ly/Q03fgnS50