The Yuan reached its highest level for two and half years against the US dollar during early Monday trading. The Chinese currency rose as the Chinese central bank set the official exchange rate at the highest level since 2005, in a move that is seen by many as a significant statement from Beijing and indicative of China’s desire to assume a more pivotal role in global foreign exchange markets. The Yuan gains also supported other Asian currencies as well as more broadly risk associated currencies, such as the Australian 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.