The Euro is rising during early Wednesday trading, as positive sentiment is inundating markets. Yesterday, a Fed official hinted at the possibility of even more flexibility being needed in the American monetary policy. This was music to the ears of investors, meaning the Fed has no plans to change strategy in its unparalleled support to the economy. There have also been reports of successful tests for a coronavirus vaccine, which further enhanced global appetite for risk. Among the leading currencies the Euro is benefiting the most from this optimistic mood, hitting its highest level in four months versus the Dollar. If the upcoming EU summit of leaders manages to deliver an agreement on the much-anticipated European recovery fund, there will be scope for further upsides for the single currency.
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.