Stay Connected

Our News Centre and Blog is your link to a dynamic network of information, people, and ideas curated by our FX and payments experts.

Archives : Media Coverage

CANADA FX DEBT-C$ rallies to two-month high as Fed turns more dovish

Published on Reuters January 31, 2019

“The Canadian dollar is flying high on the basis of looser global monetary conditions,” said Karl Schamotta in an interview with Reuters. “We are seeing a sustained risk rally around the world on the basis of a more dovish Fed than had been previously expected.” Read the full article here:

Dollar stronger as Draghi warning on risks hurts euro

Published on Reuters January 24, 2019

“With the U.S. shutdown dragging on, trade negotiations with China at an impasse, and evidence of a deeper global economic malaise accumulating, currency markets are trading on a more cautious footing,” Karl Schamotta, chief market strategist at Cambridge Global Payments in Toronto, said in a note to Reuters. Read the full article here:

Bank of Canada’s Decides to Hold the Interest Rate

Published on 680 News January 10, 2019

Sean Coakley discusses the Bank of Canada’s decision to hold the interest rate with 680 News. Listen to the clip here:


Almost no chance of an interest rate hike, maybe even a cut in 2019

Published on Yahoo Finance Canada January 8, 2019

Karl Schamotta spoke with Yahoo Finance Canada about the Bank of Canada’s interest rate announcement on Wednesday. “Canadian policy remains very accommodative and conditions have not deteriorated to a degree that would justify the sort of ‘emergency stimulus’ that was applied a few years ago.” Read the full article here:

Sean Coakley Comments on Canada’s Job Market

Published on CBC Radio One January 4, 2019

Sean was featured on CBC Radio 1 to discuss the job market in Canada based on the Statistics Canada numbers that were released on Friday.

You can listen to his clip here:

How can we help you?

Let us get to work on helping you today.

Thank You. We’ll be in touch within 24 hours.