financial markets are closed on weekends and public holidays. However, just because you can trade the market any time of the day or night doesn't necessarily mean that you should. Forex market is open 24 hours a day. The Japanese yen (JPY on the contrary, loses investor appetite for it during the trading day. From Tuesday active trading starts and it lasts till the end of the Fridays North American session. Fxcm provides general advice that does not take into account your objectives, financial situation or needs. Not intended for use as an accurate time source. Your broker will offer a trading platform wih a certain time frame (the time frame will depend on the country where broker operates).
The activity on the Forex market is divided into 4 trading sessions: Pacific, Asian, European and North American sessions. The most of the trades are executed within the operating period of both European and North American trading sessions, when the liquidity of such pairs as: USD/CHF, GBP/USD, USD/CAD and EUR/USD is great.
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It means that at one moment the local time varies in different cities of the world, and the day in one part of the planet may mean night in another one. The market as forex market closed holiday though freezes in anticipation. The European session starts at the close of the Pacific and Asian trading hours. What about your Forex broker? When focusing on market hours, you should ignore the time frame on your platform (in most cases it'll be irrelevant and instead use the universal clock (EST/EDT) or the Market Hours Monitor to identify trading sessions. The global exchange market's activity slowes down these days, consequently, the liquidity reduces too. Additionally, the following pairs are traded with the.S.