The Dollar is recording gains against the two global safe havens of the Japanese Yen and Swiss Franc. One explanation offered by some is a higher demand for Dollars from global businesses as the fiscal year comes to an end. However, the main reason for the greenback’s strength versus the haven currencies is the better-than-expected Chinese PMI data for March, which could indicate the return of some form of normality, just enough to lift the spirits of some investors.
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.
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© 2019 High Leverage FX - All Rights Reserved.