forexonline

  1. skrimon

    Dollar Up, Hopes of Fed Monetary Stimulus Rise

    The dollar was up on Thursday morning in Asia, clawing back gains from earlier losses. The market saw small moves as the number of COVID-19 cases globally continues to rise incessantly, and expectations of further monetary stimulus from the U.S. Federal Reserve begin to grow. “Central bankers...
  2. skrimon

    Few Things You Should Know About MT4 Trading Platform [Updated in 2020]

    MetaQuotes Software Corp. launched the MT4 trading platform in 2005 for online use across all devices. The platform supports multiple assets, including forex, CFDs, stocks, indices, and commodities. Traders prefer to trade with MT4 for its ease of use and extensive features designed to enhance...
  3. skrimon

    General How COVID-19 Forced Forex Software Providers to Improve Security 5.00 star(s) 1 Vote

    Foreign exchange (Forex) is the most traded industry compared to any other financial market, estimated to be worth a staggering $2.409qn USD in 2019. The value of the global Forex industry continued to increase in 2020, largely due to COVID-induced volatility and uncertainty. Like any modern...
  4. skrimon

    General Exchange rate gains at the black market as FX Turnover rises over 1000% 3.00 star(s) 1 Vote

    Foreign exchange turnover rose to a whopping $227 million on Wednesday, the highest daily turnover in over two months. Nigeria’s exchange rate at the NAFEX window depreciated marginally closing at N386 during intraday trading on Wednesday, August 19, 2020. In contrast, the exchange rate at the...
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