A curious fact occurred in the Forex market, 1 Euro is quoted at 1 USD. The last time this happened was in 2002, more precisely 20 years ago. Since then the Euro has always been quoted above the US dollar.

What factors may contributed to the fall of the Euro?

Among other factors, short-term markets, are driven by the feeling of the economic agents, also known in Macroeconomics as rational expectations.

Thus, the energy setbacks that Europe is experiencing due to the war in Ukraine, combined with economic indicators, high inflation, rising interest rates in the Euro zone and the risk of recession, have an impact on the depreciation of the Euro. The U.S. Federal Reserve has risen the interest rate to a higher rate than the 19 eurozone countries, which makes the Yield of treasury bonds in the United States higher than that of the Eurozone. Thus, attracting more investors to the dollar. Combined with the United States promissory June employment report, the result is the parity of the two currencies. In a simpler language, the factors mentioned above have increased the demand for USD against the Euro, and here is the effect of the law of demand and supply.

Another question would eventually come up: Will this trend of the appreciation of the dollar continue?

The experts assess the impact of a strong dollar...

Source: Bloomberg

To what extent is children's performance at school parents responsibility?

Among other objectives, the school aims to develop the students skills in order to better prepare them to face the market challenges.

The life routine of some families led parents to delegate and/or transfer all their responsibility. Some parents consider schools to be mere deposits of their children, where at the end of the year they expect to find a finished product with quality, without monitoring their performance throughout the academic year (claiming not having the time to participate in the quarterly parents meetings). These parents only go to their children schools to tell the teachers and headteacher that they are to blame for their child bad performance, even some parents of children on private education, ask the following: "why did my child fail while I keep paying their tuition fees?"

The answer I leave for your reflection...

Other parents consider that schools have 50% of the responsibility and the other 50% is for the After School Clubs, being only concerned that the homework is completed, as if the After School Clubs were an insurance company, to where they transfer their responsibility. Over and over, we hear some parents say "if it wasn't for the after school clubs, it would be it very difficult ". Thus some children become students hyper dependent on external guidance, unable to study alone, even needing this support when they are in high school and college.

Parents even having the time to sit down with their children during the weekend, they give up this task because they think that the weekend is for everything but study, not paying attention to the education, creativity and motivation of the children. Thus, creating the conditions for the emergence of students and future professionals who are mere boxes of repetition, unable to generate genuine creations/projects, bringing to the surface the old question "who did come first, the egg or the chicken". In this case the equivalent would be "what would be the origin of education?". As the saying “it is from young age that the cucumber is twisted”. Education starts at home. Investing today to harvest tomorrow, it's never too late to change. Many of us want change but we don't want to change. It is necessary to understand that change starts with us parents and stop thinking that life is a mere matter of luck, because it protects the spirit which is prepared. Do your part. When you change the way you look at things, these same things change for you.

Mathematic has no taboo!