The US dollar is taking a break after several days of gains, with the index that measures the performance of the greenback versus a basket of other currencies almost flat during early Tuesday trading. The turbulence registered in Washington last week ended up creating a political atmosphere that is likely to allow the Biden administration to deploy more substantial stimulus packages than many thoughts were possible. As the expected size of the fiscal intervention grows, the likelihood that the Fed will at some point towards the end of the year start tapering its purchasing program has also increased, driving Treasury yields higher and supporting the 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.
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© 2019 High Leverage FX - All Rights Reserved.