The US Dollar Index is trading flat on Wednesday, hovering just above 97.00, as investors await the testimony of the Federal Reserve’s chairman, Jerome Powell, to the Financial Services committee of the US congress. Also keenly awaited, is the publication of the June’s FOMC meeting minutes.
Depending on the tone of Powell’s comments to the house and the content of the FOMC minutes, the markets will have a better feel about the real stance of the North American central bank and the near-term degree of dovishness it is likely to adopt.
Photo by Warren Coetzer.
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.