Monday, March 4, 2024
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Forex Trading Hours

The forex market operates 24 hours a day, five days a week, making it one of the most accessible and liquid financial markets globally. The market is divided into four major trading sessions, each characterized by the overlap of major financial centers:

1.Sydney Session:

– Time:10:00 PM to 7:00 AM GMT
– Major Currency Pairs: AUD/USD, NZD/USD, and Asian currencies

2. Tokyo Session:

– Time:12:00 AM to 9:00 AM GMT
– Major Currency Pairs: USD/JPY, EUR/JPY, and Asian currencies

3. London Session:

– Time:8:00 AM to 5:00 PM GMT
– Major Currency Pairs: EUR/USD, GBP/USD, USD/CHF, and currency crosses involving the Euro and the British Pound

4. New York Session:

– Time:1:00 PM to 10:00 PM GMT
– Major Currency Pairs: USD/JPY, EUR/USD, GBP/USD, USD/CHF, USD/CAD, and currency crosses involving the U.S. Dollar

5. Overlapping Sessions:

– London/New York Overlap: 1:00 PM to 5:00 PM GMT
– Sydney/Tokyo Overlap: 12:00 AM to 7:00 AM GMT

During the overlapping sessions, trading activity tends to be more active as market participants from multiple regions are active simultaneously, leading to increased liquidity and potential price volatility.

It’s important to note that while the forex market is open 24/5, trading hours may vary slightly due to daylight saving time changes in different regions. Additionally, some currency pairs may experience increased volatility during economic releases and events, even outside regular trading hours. Traders should be aware of these factors when planning their trading activities.

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