The Dollar is in demand at the start of Monday’s European session with investors looking for a safe haven amidst an escalation in tensions between the US and China. The greenback’s gains result from market anxiety that the trade conflict between the world’s two largest economies may once again take over the international agenda, following allegations from American officials, including the President and Secretary of Defence, that the coronavirus comes from a lab in Wuhan. Donald Trump went as far as to threaten China with retaliatory tariffs, which could trigger a renewing of last year’s trade tensions, compounding the fears of many investors, who are already shell-shocked by the economic impact of the coronavirus, and driving the appetite for refuge assets.
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.