At a time of subdued market activity due to the holiday season, the Euro is finding support on the back of good news on the international trading front. The positive feeling towards the single currency, after last week’s losses of 0.5% to the US Dollar, follow the announcement that China will cut tariffs on a range of products, starting from the 1st of January.
The positive stance of the Beijing authorities in relation to international trade lifted investors’ sentiment towards the Euro, as the single currency is particularly exposed to protectionism due to the mercantile openness of its main economies.
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.