It was a turbulent start to the week, which saw the Yuan break the 7 to $1 level, as well a sharp rise of traditional safe haven currencies, like the Yen and the Swiss Franc, against other majors. Today we are experiencing the proverbial calm after the storm, and all major currency crosses are nearly flat.
Photo by Steve Johnson.
It is worth mentioning that, despite the apparent tranquillity, the market sentiment still favours traditional refuge assets, as international trade tensions continue to cast long shadows over the growth prospects of the global economy and threatening a global recession.
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.