The Dollar is losing ground versus other major currencies during early Friday trading. Employment data released on Thursday pointed to a slower than expected recovery in the labour market, which many have seen as a sign that the economic rebound in the US is not carrying as much momentum as hoped for. While politicians in Washington continue to procrastinate on releasing much needed fiscal stimulus and with a second wave of the pandemic possibly on its way, the Fed will use every resource at its disposal to provide stimulus, which means more downside risk for the greenback.
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.