When does Forex Market Close on Friday ? - Forex Education
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When there is a bank holiday in a country that hosts the foreign exchange, does the forex market just shut down for a fraction of a day? That sounds kind of arbitrary, and would require informing yourself about a variety of foreign holidays, so I wonder how that is regulated.
Forex is a 24/5 market and is already very intensive compared to for example the stock market. If you have trades open, you’ll be thinking about it for the entire weekend. On the other hand, if you closed your trades, you can enjoy some free time, review your past trading week and plan for the upcoming week without worrying if you will still ... The Forex market is a little odd in it’s opening hours. Unlike most financial markets that open around 8:00 am in the morning and close around 6:00 pm in the evening, Forex is open 24 hour per day. Forex Market Hours Based Strategy No# 2: Breakout Trading at London Opening Hours. The London session is responsible for around 30% of the trading volume, which is the highest among all major Forex market sessions around the world. Hence, often major trends start and end during the London Forex market hours. Forex Market Hours. Forex Trading is available 24 hours a day from 5:00pm ET Sunday through 5:00pm ET on Friday, including most U.S. holidays. Please be advised of the potential for illiquid market conditions particularly at the open of the trading week. These conditions may result in wider spreads for some currency pairs based on market liquidity. GMT and EST hours for trading Forex. Forex market welcomes traders 24 hours a day. Forex market opens on Sunday 5 pm EST (10:00 pm GMT), closes on Friday 5 pm EST (10:00 pm GMT). Trading sessions according to GMT (Greenwich Mean Time):
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