Forex Market Hours & Trading Sessions

Forex Market Hours

One of the benefits of trading the forex market is it remains open 24 hours a day, 5 days a week. This allows financial institutions and individual traders to buy/sell currency pairs at any time. The market stays close on the weekends and holidays like Christmas and the New Year. Due to Earth’s multiple time zones, a trader sitting in Auckland can initiate a trade, whereas the American trader is still sleeping. And that’s how forex is a 24-hour market. Currency pairs behave differently in different market cycles. These cycles are known as forex trading sessions. These sessions determine the …READ MORE