The euro is losing ground to the dollar during early Monday trading. The coronavirus continues to wreak havoc across Europe, with the second wave of the pandemic testing healthcare systems and forcing prolonged new lockdowns that will probably cause a double-dip recession in the eurozone and delay the timing of the expected rebound in economic activity. On the other side of the Atlantic, fears persist of potentially violent protests during Joe Biden’s inauguration, while several Republican lawmakers have voiced their disagreement with the proposed $1.9 trillion fiscal stimulus package. It is therefore not surprising to see investors turning their backs on risk related currencies, such as the euro, and once again seeking the safety of the dollar.
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.
© 2019 High Leverage FX - All Rights Reserved.
© 2019 High Leverage FX - All Rights Reserved.