The Chinese Yuan is losing ground to the US Dollar, as the tension between the two countries once again rises to the top of traders’ agendas.
The weekend was marked by the words of Peter Navarro, a White House trade advisor, who suggested that China had deliberately hidden the seriousness of coronavirus while at the same time ‘exporting’ it to the West. As the American presidential election campaign gathers pace it is likely that President Trump will explore tensions with China in an effort to galvanise his core support, with the Yuan likely to remain under pressure as a result.
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.