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Wall Street Journal: Dollar Weakens as Investors Hope for Iran War De-Escalation

“On a trade-weighted basis, the dollar’s wartime rally has now been fully unwound,” Corpay Cross-Border Solutions’s Karl Schamotta writes, adding that the greenback is “a touch weaker” than right before the first U.S.-Israel attacks on Iran on February 28.

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By Cross-Border
Apr 14, 2026
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How businesses can prepare for the federal election’s market impacts

How businesses can prepare for the federal election’s market impacts

Read the article David Britten wrote for CFOtech

Strong dollar wipes billions off US corporate earnings

Strong dollar wipes billions off US corporate earnings

“The big run-up in the US dollar, especially relative to euro and yen, has had a major lagging impact on earnings that we’re likely to see over a couple of quarters,” said Schamotta. Read Karl Schamotta's comments in the Financial Times article.

Peak prices? 'Not just yet' — What experts say about our hot inflation

Peak prices? 'Not just yet' — What experts say about our hot inflation

“The loonie is trading sharply lower, and the shelter index could drop further as tighter financial conditions remove air from the housing markets," says Karl Schamotta, chief market strategist at Corpay.

Bank of Canada uses 'shock and awe' to bolster inflation-fighting credibility

Bank of Canada uses 'shock and awe' to bolster inflation-fighting credibility

"Exceeding forward guidance might have been the point - by delivering more than expected, policymakers may have hoped to magnify the psychological impact on businesses and consumers," says Karl Schamotta, chief market strategist at Corpay.

Canadian dollar hasn't gone up with oil prices like it usually does, complicating the Bank of Canada's inflation fight

Canadian dollar hasn't gone up with oil prices like it usually does, complicating the Bank of Canada's inflation fight

“The dollar is crushing every major currency in its path,” says Karl Schamotta, chief market strategist at Corpay.

What economists are saying about Bank of Canada's steep rate increase

What economists are saying about Bank of Canada's steep rate increase

“Fear of an unmooring in inflation expectations was evident throughout the release", says Karl Schamotta, chief market strategist at Corpay.

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