As the end of the week arrives, the Dollar continues to emerge as the safe haven of choice for currency traders. During the early part of Friday’s session, the Dollar Index gained more than 0.3% as market sentiment remains gloomy. The latest developments in coronavirus drug trials haven’t been satisfactory and officials around the world reiterate that a vaccine won’t be ready for deployment for months, maybe as long as a year, meaning the global lockdown is likely to, in one form or other, remain in place for the foreseeable future, dragging economies down. Bleak prospects for the economy arising from the coronavirus fallout aren’t helped by the ongoing oil price crisis and by the lack of decisiveness within the European Union, which yesterday once again failed to demonstrate decisiveness in its will to support the hardest hit countries, further compounding the risk-aversion that prevails in the financial markets.
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.