Market News

Sanctions Rock Iranian Rial

Back in February, Western powers decided to team up in order to put pressure on Iran and force it to halt its nuclear power programs. While Iran hasn’t backed down just yet, it may be running out of as options as its currency is now paying the price…

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A Tale of Two Central Banks

Both the ECB and the BOE are set to make their monetary policy statements this week. Let’s take a look at what happened during their previous decisions to figure out what could happen this time around and how these could affect EUR/USD and GBP/USD.

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Surprise from Down Under: RBA Cuts Rates

Talk about starting the quarter with a bang! In a surprise move yesterday, Glenn Stevens and the rest of the brainiacs over at the Reserve Bank of Australia hit the markets with a rate cut! Check out what happened and how this affects the Aussie after the jump!

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Success seems to be connected with action. Successful people keep moving. They make mistakes, but they don't quit.Conrad Hilton