The US Dollar is recording modest gains against the Euro during early Monday trading. After hitting a two year low last week, the Dollar Index has since rebounded, albeit not significantly. The pause in the greenback’s decline was due to technical factors rather than a change in the circumstances that dictated the sharp losses of the last few weeks. The general trend for the American currency continues to be one of decline, with the COVID pandemic out of control in several states, dampening hopes of a quick economic recovery, forcing the Fed to maintain its accommodative stance and diminishing the appeal of Dollar denominated assets.
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.