The Euro continues to lose ground to other major currencies during early Wednesday trading in Europe. As investors process the full implications of yesterday’s ruling by the German Supreme Court, which effectively blocks the Bundesbank from participating in the ECB’s public sector purchase program, the single currency hit its lowest level in more than 3 years versus the safe haven Japanese Yen.
The German court’s decision is like a bucket of cold water thrown over those that expected greater cohesion and solidarity between the various member countries of the single currency to try and overcome the tough challenges ahead.
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.