Market News

Is the Worst Over for the Euro Zone?

Indeed, the tides have changed! It seems like it was only yesterday when EUR/USD was trading at its yearly lows. But now, the pair is pretty much back to where it was at the start of 2012! Does this mean the worst is already over for the euro?

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RBA Cuts Rates But AUD/USD Soars

It’s definitely a crazy week for rate decisions! Yesterday I gave you previews of the upcoming monetary policy announcements from the BOE and ECB. In today’s edition of Piponomics, I talk about the RBA’s most recent move!

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Foreign Exchange Reserves

Earlier this week, I told you that central banks around the world are looking to add the AUD and CAD as currency reserves. Today, it’s time to re-educate ourselves on the basics of foreign currency reserves!

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Once you set your goals, ask yourself if you have the desire and need to achieve them. If so, you are lucky; it will make life much simpler for you than it is for others.Larry Hite