Ism

Apple Cutting Revenue Guidance Fuels Risk Off Sentiment

January 3, 2019 9:54 AM
Extreme market turbulence that ruled at the end of 2018 and most notably in December looks set to stay for another session. Whilst weakness in Chinese manufacturing was to blame in the previous session, Apple cutting its guidance has hit sentiment on Thursday.

USD/CAD’s Big Breakout Has Bulls Eyeing June’s Peak

September 4, 2018 11:19 AM
US traders have returned from a long holiday weekend to the see the greenback gaining across the board (see my colleague Fawad Razaqzada’s post, “Dollar rises to resistance ahead of key US data” for more).

Dollar falters but strength remains ahead of jam-packed week

October 26, 2016 4:45 PM
The US dollar has taken a bit of a breather this week as it consolidates its recent gains ahead of major economic data and events in coming days. For around a month, the greenback has been on an exceptionally sharp incline as expectations for a Federal Reserve rate hike this year have progressively increased. A mid-December rate hike continues to be...