The US Dollar continues on a downwards trend, with the index that measures its performance versus a basket of other major currencies down more than 0.3% during the early part of Tuesday’s session. After shedding almost 2.5% during the month of November, the Dollar Index looks set to remain on a slow but inexorable decline as investors price-in the prospect of the US central bank expanding its bond buying program. With a political stalemate in Washington blocking the release of fiscal stimulus the Fed will have little choice but to increase its easing policies, to somehow compensate for the absence of fiscal support for the US economy.
Has undertaken a number of senior roles in his current employer including running the international desk, responsible for managing sales, customer services and marketing functions for a number of territories, as well as acting as a regular public speaker at events and contributor to TV and other media through interviews and market analysis. Since November 2016 he has been the Senior Executive Officer (SEO) of ActivTrades Dubai branch, having overall management responsibility of the branch. Prior to joining ActivTrades Ricardo worked in the IT and Financial industries.
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© 2019 High Leverage FX - All Rights Reserved.