The Pound lost more than one percent to both the Euro and the Dollar during early Monday trading. Several countries in the EU and elsewhere imposed border restrictions to the circulation of freight and passengers from the UK, as concerns grow over a new strain of the coronavirus that appears to have originated in Britain and spreads at a faster rate. The scenario is worrying because this latest blow could exacerbate the social and economic impact of the ongoing pandemic in the country. Coupled with Brexit-related tensions – which remain on the wire after another deadline was missed on Sunday night – the new developments are increasing the pressure on the Pound as investors’ levels of anxiety over the future of the British economy once again are on the rise.
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.