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Category: Forex news

The UN should take a lead from the global BDS movement

Among ongoing outrageous actions and in defiance of international law, Israel’s Habayit Hayehudi party has just approved a plan for annexing the remaining occupied Palestinian territory “while either facilitating the exit of Palestinian residents or allowing them to remain but without voting rights.” This is by no means a surprise, nor is it simply a reflection of so-called right-wing or extremist factions in the Israeli government. It is an explicit articulation of the unconscionable Zionist ideology upon which the state of Israel is founded. Israel is now in control of all of historical Palestine; it is armed to the teeth, including nuclear weapons; and the only way that it can exist as a self-declared Jewish state is by continuing to […]

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Daily analysis of major pairs for September 22, 2017

EUR/USD: This market went
upwards on Monday and Tuesday, to nosedive on Wednesday, and then went upwards on
Thursday. These short-term swings still emphasis the recent neutrality on the
market and it would be OK to wait until there will be a protracted…

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Very strong reading for german manufacturing PMI in September

Germany’s private sector economy ended the third quarter strongly, with business activity growth accelerating to the fastest in almost six-and-a-half years, according to flash PMI survey data from IHS Markit. Improved performances were seen across b…

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Global macro overview for 22/09/2017

Global macro overview for 22/09/2017:The USD was hit by the overnight turmoil that prompted investors to take profits off the table after the USD rally in the wake of the hawkish FOMC statements. Still, the fundamental background that is now being buil…

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The eurozone economy ended the third quarter on a strong note – Markit

The eurozone economy ended the third quarter on a strong note, with growth of business activity picking up to its highest since May to register one of the strongest gains seen over the past six years. The headline IHS Markit Eurozone PMI rose to 56….

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“Seems Like An Inside Job” – Brazen Thief Steals $2 Million From Courier Van

One lucky thief stole an ATM courier van containing $1.8 million in cash from the parking lot of a Georgia bank after two careless couriers left it running while making a routine stop. And two weeks later, federal authorities haven’t found their suspect.

Surveillance cameras at Citizens Trust Bank in the 25000 hundred block of South Harriston were able to capture a blurry image of the suspect – a man wearing dark pants and a baggy gray long-sleeve shirt with a black backpack -as he smashed the window of the van and drove off while the two couriers were inside. The drivers were gone for ten minutes – meaning the thief netted approximately $180,000 a minute, tax free.

The couriers had left the van running, but locked both doors. When they returned from their drop off, the van was gone. All they found was broken glass. Later that day, DeKalb County marshals found the van ditched in a neighborhood up the street. But the cash and suspect were missing, according to the Atlanta Journal-Constitution.

About 6:45 a.m., two ATM Response Inc. employees pulled into the bank parking lot and went inside with an unspecified amount of money.

 

“The driver locked the vehicle doors but left the keys in the ignition and the vehicle running,” Emmett said. The couriers were inside the bank between 10 and 15 minutes. They returned to find the van gone. All that was left was broken glass.

The ease with which the theif succeeded in pulling off the heist prompted some to question whether the thief had been tipped off by one of the couriers, according to Atlanta’s WSB-TV 2.

“I can’t believe he managed to do this,” one woman who did not identify herself told Jaquez. “Seems like an inside job.”

Since Sept. 8, the day of the heist, the FBI and DeKalb County officials have been searching for the perpetrator, but have yet to stumble on any leads. Of course, it’s possible that federal agents might be able to trace the cash back to whomever spent it if it reenters the banking system.
 

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There is no place for Iran in Syria, says Israeli minister

Iran must leave Syria, Israeli cabinet member and the Minister of Construction and Housing Yoav Galant said yesterday. Speaking in an interview with Russia’s Interfax News, Galant warned that Israel would continue to monitor its border with Syria and would strictly adhere to what he described as “the red lines”.  He went on explaining that the red lines are to prevent reinforcing Hezbollah in Syria, especially in getting highly-advanced weapons, prevent the military presence of Hezbollah and the Iranian forces near the Syrian-Israeli border, as well as preventing the military presence of the Iranian forces in Syria “in general”. Read: From criminalising normalisation to criminalising a boycott of Israel Commenting on the Iranian presence in the Syrian de-escalation zones, the Israeli minister stressed that […]

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Bitcoin analysis for 22/09/2017

Bitcoin analysis for 22/09/2017:Due to the fact that China has blocked cryptocurrency exchange in the country, other countries have begun to open more and more to Bitcoin and other cryptocurrencies. A recent statement by Tan Sri Muhammad Ibrahim, Deput…

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Trading plan for 22/09/2017

Trading plan for 22/09/2017:North Korea once again reminds itself of the dreaded hydrogen bomb test, which leads to a jump in risk aversion. The Yen and Frank are the strongest in the Asian trade, but Gold also jumped. USD/JPY has fallen to 111.64, but…

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Remembering the Iran-Iraq War

Thirty-seven years ago this week the longest and one of the bloodiest wars seen in the 20th century began, when Iraq launched a full scale invasion of Iran. The two countries fought for eight years with an estimated one million dead and over a trillion dollars in damages. Hostilities ended in August 1988 following the acceptance of UN General Assembly Resolution 598. What: Iran-Iraq War When: 22 September 1980 – 20 August 1988 What happened? Iraqi leader, Saddam Hussein, launched a full scale war, initially by ordering his Air Force to destroy Iranian air fields. The invasion followed months of border conflict and diplomatic rows between the new Shia Islamic Republic in Tehran and the Ba’athist leader aspiring to become […]

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