The Pound is down by 0.8% against the Dollar with investors reacting to reports that Boris Johnson is planning a law to prevent an extension of the post-Brexit transition period beyond December 31st, 2020. This would leave the UK and the EU with less than a year to negotiate a complex trade deal.
The result of the post-election pound honeymoon is over. Sterling has lost almost 2.5% from the high of $1.35 reached in the immediate aftermath of the election, as markets are left staring down the barrel of a no-deal Brexit at the end of 2020.
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.