Technology
New Forex Client Bases in the Lockdown Era – Finance Magnates
The worldwide COVID-19 pandemic has helped funnel new audiences into the retail Forex market.
Many institutions have considered the coronavirus pandemic to be the most severe paradigm shift since the Second World War. Masses of people lost their jobs. The lockdowns forced many businesses to close.
State budgets worldwide struggle to cushion the impact of unemployment by minting unprecedented amounts of new fiat currency units, injecting the need to discuss hyperinflation and rising state debt into the public discourse.
Even the United Nations affirmed that the pandemic may also increase…
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