Early Friday trading is under the spell of risk avoidance, offering support to the safe haven Dollar. Investors have shown remarkable optimism lately, but the cold reality of more than 60,000 new cases of COVID-19 in the US yesterday has, for now, beaten the positivity out of the markets. These fears of a resurgence of the virus have been compounded by American employment data published yesterday, showing the number of claimants above 18 million and driving fears of a slow economic recovery. Amidst the surge of apprehension, the Dollar once again emerges as the go-to currency when risk is off the table.
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.