The Pound is on the backfoot, having lost more than 0.1% to the US Dollar during early Monday trading. Brexit and related matters continue to be the main driving force behind Sterling; after a slight recovery at the end of last week, following report pointing at a cross party effort to stop Prime Minister Boris Johnson and his plans for a Brexit at any cost, the Pound is once again losing ground.
The losses result from difficulties in establishing a common ground for all the forces opposing Johnson’s plans. Many in the conservative and liberal democrat fields are refusing to support a potential government of national unity, led by Jeremy Corbyn, thus making it harder to stop a no-deal Brexit, come October 31st.
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.