The Dollar’s losing streak versus other major currencies has carried on into early Thursday trading. The greenback, the go-to currency during the darkest moments of 2020, is no longer in such high demand, as investors are increasingly optimistic about the vaccines and the prospect of political consensus in Washington enabling the release of a much-needed economic stimulus package. On the other hand, the Euro appears to be one of the main beneficiaries of the increase in risk appetite. The single currency is up by more than 1.5% versus the Dollar so far this month, despite most analysts expecting the ECB to announce an increase in asset purchasing during December.
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.