The US Dollar continues to depreciate against other major currencies, having fallen to a new year low during early Thursday trading. The greenback’s losses come following a combination of market friendly news, which include positive signals from US lawmakers regarding a bipartisan agreement on an economic stimulus package, growing confidence in multiple COVID vaccines, and an increasingly likely post-Brexit trade deal between the EU and the UK. Inspired by this cocktail of good news and by the Federal Reserve’s latest statement, where they pledged to maintain low interest rates until 2024, investors are embracing riskier assets and walking away from the safe-haven Dollar.
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.