Pink and Grey Gallahs attack a big bat kite!

Check this pic of our bat kite getting attacked by gallahs! It was spun out!

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  • UK CPI and Retail Sales to Lose Steam in August September 18, 2018
    After an upbeat report on wage growth last Tuesday, consumer prices and retail sales out of the UK are the next in line to drive the British pound this week. Surprisingly, average earnings picked up speed in July, outstripping inflation for the fifth consecutive month, a sign that purchasing power could widen in the coming […] The post UK CPI and Retail Sale […]
  • Rising and Falling Wedge Patterns September 18, 2018
    When talking about reversal patterns in Forex trading, few are more familiar or widely-known than rising and falling wedges. But why so? Well, wedge patterns tend to offer some of the most precision entries as well as some of the most attractive R-multiples in terms of measured-move target areas. So, let’s define what a wedge […] The post Rising and Falling […]
    Vantage FX
  • Mid-US update: Yen selloff extends as US treasury yields surge September 18, 2018
    Yen’s selloff extends in US session as risk appetite dominate the US markets while treasury yields also surge. Sterling follows as the second weakest. On the other hand, Australian Dollar continues to lead New Zealand and Canadian Dollar higher. The news of US tariffs and China’s retaliation are generally shrugged off by investors. At the […] The post Mid-US […]
  • UK PM May: European Parliament Weber welcomes Chequers proposals September 18, 2018
    A spokesman of UK Prime Minister Theresa May said that Manfred Weber, Leader of the European People’s Party in the European Parliament, welcomed May’s Brexit plan. He said, “on Brexit, Weber recognized that the Chequers proposals were a step forward and stressed the priority the European Parliament placed on resolving questions relating to the border […] The […]
  • EU releases proposals on WTO reforms, defend multilateral trade system September 18, 2018
    European Commission released their comprehensive approach for the modernisation of the World Trade Organisation today. In presenting the ideas, Commissioner for Trade Cecilia Malmström said: “The multilateral trading system has for the past decades provided a stable, predictable and effective framework for companies across the world, helping many economies t […]
  • BoJ Likely to Retain a Cautious Tone amid Muted Inflation and Trade Risks September 18, 2018
    The Bank of Japan (BoJ) will announce its policy decision during Wednesday’s Asian session, with investors anticipating no change to the Bank’s loose policy framework following some adjustments at the previous gathering. Instead, market focus may fall primarily on how officials perceive the escalation in global trade tensions, and to what extent these might […]
  • BTCUSD Holds in Descending Triangle in Medium-Term September 18, 2018
    BTCUSD has been trading within a descending triangle pattern over the last seven months, with a strong support obstacle being the 5780 barrier. Moreover, the price started an aggressive bearish structure after the pullback from the all-time high of 19384 reached in December 2017 That said, technical oscillators paint a somewhat neutral picture currently. In […]
  • Yen Is Back to Two-Month Lows September 18, 2018
    The yen is weakening considerably against the dollar by mid September, while the Japanese government is trying to calm the market down. The Minister of Finance Taro Aso said today the BoJ monetary policy is going to stay the same so as to reach the 2% inflation target, but this will require some time. The […] The post Yen Is Back to Two-Month Lows appeared f […]
    RoboForex Ltd
  • Trump: China attacking farmers “loyal to me” September 18, 2018
    Trump attacks China for attacking farmers, ranchers and industrial works “because of their loyalty to me”.  Civilians loyal to a leader? Sounds like it’s word out of the mouth of a dictator in an authoritarian country! From Oxford dictionary – Patriot: A person who vigorously supports their country and is prepared to defend it against […] The post Trump: Chi […]
  • China announced retaliation, 5-10% tariffs on $60B US imports effective Sep 24 September 18, 2018
    China formally announced its retaliation tariffs, in response to the tariffs on USD 200B in Chinese imports announced by USTR yesterday. In short, the tariffs will be effective at 12:01 local time on September 24. Total amount of American good involved values at USD 60B, Tariff rates are at 5% and 10%, much lower than […] The post China announced retaliation […]