Karl Schamotta | Source | Chief Market Strategist at Cambridge Global Payments
Karl Schamotta
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Cambridge Global Payments
Chief Market Strategist
started Oct 2018
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Dollar stalled amid Fed meeting; dovish Draghi depresses euro
The U.S. dollar was little moved on Tuesday as traders held off making large bet...
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New Survey by Cambridge Global Payments Finds 81% of Financial Decision makers at Small and Medium Sized Enterprises Maintain a Positive Business Outlook for 2020
In a survey of financial decision makers at small and medium-sized enterprises (SMEs) in North America, Cambridge Global Payments found that executive
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The majority of senior executives at SMEs have a positive outlook about the business environment, and over half predicted that we will see a rise in FX volatility. With global uncertainties rising, currency market dislocations are increasingly likely - which could be a dangerous thing for companies who have not planned ahead.
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Markets are largely keeping the powder dry ahead of tomorrow’s Fed announcement. We’re thinking that we are going to see a relatively dovish announcement, certainly acknowledging that risks have grown since the April meeting.
