The Pound is making some modest, but nonetheless remarkable, gains versus both the Euro and the Dollar during early European trading this Wednesday. Despite this morning’s publication of the first quarter GDP data, which showed the economy contracted by 2% during the first quarter, sterling found support and even gained some ground because the drop in economic output was smaller than expected, with the pre-publication consensus that there would be a fall of 2.5%. But the respite is unlikely to be long-lived as worryingly the month of March, when the lockdown started, presented the worst GDP decline on record, hinting that this quarter’s figures will be considerably worse.
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.