When does the forex market close on friday - ▶ Forex Market Hours | When is the Forex Market Open? | South Africa
This overlap is the key forex trading period when both the New York and London major forex forec centers are open for business. Trading in all the European currencies is heaviest during this period and offers the most liquidity for currency pairs involving the Euro, Pound Sterling and Swiss Franc.
Such especially liquid overlapping times would kn the important 8: Frankfurt is also open from 8AM until Sydney closes at 1: This time period usually offers the most liquidity for the Japanese Yen, as well as the European Yen crosses. Another good time to trade in order to take advantage of several different markets being deos simultaneously, is between 1: The Tokyo, Singapore and Hong Kong forex markets continue trading throughout this overlap period.
The Frankfurt and London markets then open at 2: This time period tends to have the most liquidity for the Australian and New Zealand Dollars and their crosses. Trading in Australia and New Zealand overlaps with Tokyo from 7: This makes the overlap period from 9: You can also trade into the thinner markets in New Zealand that opens at 4: This represents a window of time during the trading day, when the market could be thin and so price spreads may when does the forex market close on friday significantly.
Basically, avoiding trading flrex illiquid time periods and in highly volatile markets can save you money, both in terms of your trading position and in the amount of the bid offer spread you may be quoted for the transaction. Other times which may not be as when does the forex market close on friday to trade include the Sunday night thr, as well as Fridays when the market is looking forward to the weekend and so typically trades counter-trend as positions are squared.
Another risky trading time is when important numbers such as U. Non-Farm Payrolls come out.Active Stock Trading Time Zones & Hours
Read more about the non-farm payrolls and implications for the forex market. Trading Foreign Exchange on margin carries a high level of risk and may not be suitable for all investors.
The possibility exists that you could lose more than your initial deposit. The high degree of leverage can work against you as well as for you. Brought to you by: Was this article helpful?
By trading currency foex, you can profit from the rise in value of one currency against the fall in value of another one. The forex market starts trading very early on a Monday morning and trades straight through until late on a Friday evening.
With the forex market trading 24 hours a day, five days a week, are there optimum times to trade? Let's take a look….
When to trade forex You can trade forex any time of day or night during the week. But there are times when liquidity, activity and volume are higher, and these can present the best times to trade forex.
The forex market is a continuous relay of one market opening and another one closing around the world.
This happens every Monday to Friday.
The UK and the US are without a doubt the most important forex markets. The major forex markets are London and New York, closely followed by Tokyo.
When the US market opens, this is when the majority of trading takes place as the European market is still trading. When forex trading is at its highest levels From this, the two important times to focus on for optimum forex trading are: But there are always opportunities to trade forex as it is a very liquid market.
So there you have it.
The best times of day to trade forex. The best times of day to trade forex Rate this article.
Description:Aug 25, - With the forex market trading 24 hours a day, five days a week, are there This happens every Monday to Friday. New Zealand kicks off trading, then Australia, Hong Kong, Singapore, the Middle East, South Africa, Europe.