The Pound gained ground against both the Dollar and the Euro following the Bank of England’s decision to keep interest rates and asset purchases unchanged. Until today sterling had been on a losing streak this week in the face of multiple headwinds, including bleak economic prospects and growing unease regarding the way the coronavirus crisis has been handled by the government. It therefore was not a foregone conclusion that the central bank would be keeping its policies on hold but the fact it did saw investors, who were braced for a more dovish stance, react with relief and back the Pound.
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.