As the China-US trade conflict appears to be moving into a less volatile stage, the markets’ mood has turned more risk-on, impacting traditional safe-haven assets. The Yen in particular, is on a losing streak, experiencing its 4th consecutive day of losses against the US Dollar. Investors are feeling encouraged by the latest developments, as China exempted several US goods from tariffs and President Trump reciprocated by delaying by 2 weeks tariff hikes on Chinese imports. These are symbolic gestures, rather than substantial developments within the context of the ongoing commercial conflict, between the 2 economic superpowers; but, at least for now, enough to lift the mood in the markets.
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.