The US Dollar remains pretty much where it started at the beginning of the week, with the Dollar Index, which measures the performance of the greenback against a basket of other major currencies, hovering just above the 98.1 level. It is August, and liquidity is typically low because many investors are away on holiday but this week, the seasonally low activity is compounded by the markets reticence to act before big events.
These will be the publishing of the July FOMC meeting minutes, later today, and of course the Jackson Hole symposium of central bank leaders, on Friday. Investors are waiting to see how aligned the FED is, as well as other main central banks, with the general market sentiment, that the times ahead should bring easing and stimulus.
Photo by Aditya Vyas.
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.