Friday’s trading session began with optimism taking over the market sentiment. The positivity came mainly from China, where industrial production and retail sales both exceeded the forecast, appearing to signal the turn of a corner for the growth of the Chinese economy.
This good news, together with American retail sales above forecasts, compounded the lingering positive feeling left by the signing of a trade deal between the US and China earlier in the week. Therefore, it comes as no surprise that both the Yen and the Swiss franc are losing ground to the Euro and other risk-related currencies.
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.