How Forex is the Least Affected Market During COVID-19 Pandemic
Besides a significant loss of lives, the ongoing COVID-19 pandemic had also had a significant effect on the world economy. Some financial experts are already discussing the possibility of the upcoming 2008 style Great Recession. In those times it is curious to discover that the Forex might be the least affected market by this pandemic. Firstly, let us take a look at the Stock Market. By February 12th, 2020, the Dow Jones Industrial Average reached another all-time high level of 29,551. As the virus spread and the death toll increased, the stock prices started to fall dramatically. By March 23th the Index declined to 18,592. This ...