How will this affect the future of forex?

I don’t think we anticipated that the pandemic would last this long. :confused: And at this point, there seems to be no end in sight. :sob: I was just curious, how do you guys think this will affect the future of forex? Or will there be no effect at all? :open_mouth:

The coronavirus epidemic has made significant adjustments to stock trading. The government of many countries has decided to introduce a lockdown, which in turn has led to the transition to remote work. People began to use the Internet more often and learn to make money using it. Online commerce has become more popular, it has begun to be perceived by people as an attractive way to earn money. So Forex has a bright future.

It’s crazy how so many things are happening now. All the flooding going on, Afghanistan, lockdowns in many countries. Too crazy.

As for forex, I think as long as there’s internet, it will remain the same tbh.

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It gets a bit technical, but the FX markets have been sleeping volatility wise.

More volatility, while more riskier generally speaking, provides traders more trading opportunities as price moves are larger.

That’s a positive outlook. :blush: And I think this is one advantage of trading forex over stocks? I feel like since the economies of the world have been doing poorly, so is the stock market. :thinking:

I knoooow! :sob: So many things happening and people just can’t seem to take a break from really sad and terrible news. :confused: But I do agree that maybe, as long as there’s internet, it will remain the same.

Ahhh. Yeah. :thinking: That’s true. Although it’s not necessarily crashing, it hasn’t been as volatile as traders would want it to be. That’s where the money is after all. :thinking: