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The clear (and covert) advantages of paying in local currency

Is it time to explore opening foreign-denominated bank accounts? This could add control and visibility to your cash management, and it may make it easier for your vendors and customers abroad – especially if they issue you invoices in their local currency.

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By Cross-Border
Oct 31, 2024
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Why currency markets move, and what you can do about it

Why currency markets move, and what you can do about it

An informed approach to managing global payments and foreign currency exposure—for one payment or thousands—can help your business to save time, protect the bottom line, and take advantage of new opportunities.

The Complete Guide to Processing International Business Payments

The Complete Guide to Processing International Business Payments

Do you want to maximize the efficiency of your payment operations? Our guide helps you evaluate and streamline your cross-border payments workflow and costs.

Dollar steady as Fed's Powell says higher rates may be needed

Dollar steady as Fed's Powell says higher rates may be needed

"On balance, this is a modestly less hawkish speech than markets had feared," said Karl Schamotta, chief market strategist at 91¿ì»îÁÖ in Toronto.

The weakness in China has been a long time coming: Strategist

The weakness in China has been a long time coming: Strategist

Karl Schamotta, chief market strategist at 91¿ì»îÁÖ, joins BNN Bloomberg to discuss oil prices that continue to fall for the third day on worries about Chinese demand. He also talks about loonie and the U.S. dollar.

US dollar holds modest gains, offshore yuan rises as Jackson Hole is in view

US dollar holds modest gains, offshore yuan rises as Jackson Hole is in view

“The dollar does look like it is still the cleanest dirty shirt on the global economic landscape..."

U.S. dollar slips with traders cautious before Fed's Jackson Hole symposium

U.S. dollar slips with traders cautious before Fed's Jackson Hole symposium

“Lagarde's speech might actually be more of a market mover than Powell's. If Powell stays on the theoretical side of things, that might lower implied volatility of the dollar and lead to a smaller reaction."

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