Corpay Cross-Border Solutions

Registration is now open! The Exchange conference, being held from April 22–25, 2025 in Orlando, you’ll attend in-depth sessions, interactive workshops, and have access to top-tier networking opportunities, and discussions on the latest payments innovative. We hope to see you there… connect with your Corpay Cross-Border Solutions representative for more details.

Last night the team hosted a group of clients at the Australian Open quarter finals. What a night of blockbuster rallies and passionate supporters for all the players. Melbourne really comes alive this time of year.

"Trump vol. Markets were swung around by tariff news on Pres. Trump's first day in office. But on net, equities rose while bond yields & the USD declined." Read more from Peter Dragicevich: https://lnkd.in/gqncua7d

Currency traders are suffering from whiplash after Donald Trump made volatility great again in his first day back in office. The dollar is on the offensive and currencies like the peso, Canadian dollar, and euro are down after the president said he plans to impose 25 percent tariffs on products from Canada and Mexico on February 1. More from Karl Schamotta: https://hubs.ly/Q033jGKg0

“Although more nuanced messaging from the White House could trigger a global relief rally in the short run, risk-reward ratios in other currencies will remain skewed to the downside, limiting any appetite for directional bets against the greenback,” Karl Schamotta, chief market strategist at Corpay Inc., said in note prior to it becoming clear that the new president would not opt for 25 per cent tariffs — the most extreme option he had floated — on day one of the administration. Schamotta warned, however, that “participants will remain unwilling to step in front of the dollar steamroller” and bet against it. “Trump’s history suggests that no ‘moment of clarity’ is coming, meaning that uncertainty levels — particularly on the trade front — could remain near historic highs for many months yet, weakening global consumer sentiment, delaying business investment and raising implied volatility expectations in currency markets,” he said. Financial Post: Canadian dollar gets 'temporary reprieve' as Trump holds off on tariff threat https://lnkd.in/gFF24zsK

Over the weekend our guests and team enjoyed the spectacular view and competition of the SailGP on Auckland Harbour. We hope for such great weather for the next leg off Sydney Harbour in a few weeks time!

"US politics. President Trump is officially back in power. Reports tariffs could be implemented in a 'measured way' eased market nerves." Read more from Peter Dragicevich: https://lnkd.in/gYXsxqZF

UK: Market Wire "With UK inflation surprisingly dropping, the market took a breather from worrying about stagflation, a possibility that had been weighing on the pound." To read the full report from our Senior Market Strategist, Trevor Charsley and sign up for our weekly updates please click here: https://lnkd.in/gTNBphMJ #fxmarkets #marketanalysis #internationalpayments #fxhedging #inflation #payments #uk

Financial markets are staging an across-the-board relief rally after the Wall Street Journal said president-elect Donald Trump intends to stop short of hitting major trading partners with tariffs on his first day in office. Instead, he plans to issue a directive that asks federal agencies to “investigate and remedy persistent trade deficits and address unfair trade and currency policies by other nations”. More from Karl Schamotta: https://hubs.ly/Q0337Hqh0

An uneasy calm is settling on currency markets as traders brace for a “shock and awe” campaign on the policy front when Donald Trump takes office for a second time this afternoon. More from Karl Schamotta: https://hubs.ly/Q0337J6T0