The Dollar Index is on the back foot during early Wednesday trading. Recently, the dollar trade has been conditioned by two opposing views: some believe that the recovery in the United States will outpace that of other major economies, and therefore be conducive to dollar strength; while others see the prospect of a solid global economic rebound later in the year is likely to cause dollar weakness due to the unwinding of the safe haven trade. Right now, the optimism generated by the prospect of massive monetary and fiscal stimulus running alongside each other seems to be weighing down on the dollar, especially since the publication of a disappointing US jobs report that gave those advocating the case for a strong greenback reasons to reflect.
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.