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It provides a great opportunity for traders to trade at any time of the day or night. According to GMT, for instance, forex trading hours move around the world like this: available in New York between 01:00 pm - 10:00 pm GMT; at 10:00 pm GMT Sydney comes online. The foreign exchange ( forex or FX ) currency market is not traded on a regulated exchange like stocks The forex market is available for trading 24 hours a day, five and one-half days per week. Forex, trading is available 24 hours a day from 10:00pm GMT Sunday through 10:00pm GMT on Friday, including most.S.
The foreign exchange market is open 24 hours a day, five days a week, except for the national holidays.
Why is it important to know forex trading hours?
Before looking at the best times to trade, we must look at what a 24- hour day in the forex world looks like.
Forex, trading, hour, overlaps.
When the evening begins in one part of the world, in another part - the morning comes and the local currency market starts working. As a result, the trading conditions including spreads and executions (of orders as well) might be very limited at the first hours of the trading week. As soon as the major markets such as the Japanese market and other Far East markets start to work, the trading conditions usually return to normal. Changes of rates during the European trading hours could be significant, because the majority of monetary stock is concentrated in Europe. The thin market is characterized by high price volatility, low liquidity, and unstable demand.
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