With optimism almost bordering on euphoria dominating sentiment of investors, one would be forgiven for assuming that all is rosy in the real economy; global equities continue to pile up gains and other risk related assets are also approaching pre-pandemic levels. During early Friday trading the Euro touched maximums not seen since March 10th, at the start of the debacle caused by the coronavirus fallout. This follows events on Thursday, when the single currency received a massive boost as the ECB announced an increase in its bond purchase scheme of €600 billion, taking the total figure to a staggering €1.35 trillion. The European central bank is using its ‘bazooka’, in a clear demonstration of willingness to do whatever it takes to ensure the single currency will emerge alive from the coronavirus crisis.
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.