The Euro is losing ground to all other major currencies during early Thursday trading following the publication of concerning data for Germany, the single currency’s largest economy. The Markit composite PMI, which measures manufacturing and services activity, plunged from 35 points to 17.1, shocking markets with a figure that came in way below market expectations. The plunge in economic activity from the powerhouse of Europe illustrates the scale of the recession sparked by the coronavirus fallout; Euro traders should fasten their seatbelts.
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.