What are the Forex market holidays

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Tokyo and London: Starting from eight in the morning until nine in the morning GMT, this is the period of least overlap in terms of trading activity, but it is a good opportunity to trade both the yen and the euro. London and New York: It starts from one in the evening until five in the evening, and it is undoubtedly the most active period, and more than 70% of trading operations around the world occur in it, and the dollar and euro are mainly traded in it.

In addition to weekends, there are some other occasions that cause the Forex Phone Number Data market to officially close and affect Forex market hours, such as New Year's Day and Christmas Day. There are also some local events that may affect some currencies, such as: Japanese holidays that affect the Japanese yen only and nothing else. Why does the Forex market work 24 hours a day? People all over the world need currencies all the time, and this is the main reason why the Forex market is the largest financial market in the world with daily liquidity exceeding 6 trillion dollars . From that point on, this market cannot be limited to just one central place, but rather has many centers distributed around the world.



Which means different Forex market hours for each center. This is why it is available around the clock. Due to the different clocks and working times around the world, the Forex market remains active throughout the day. When one market closes, other markets open elsewhere. Is it possible to trade Forex during the lockdown period? In fact, currency trading is a process that can happen at any given time. If you want to exchange some dollars from one of your friends, you will be able to exchange them from him without having to wait for the global market to open again. But if you mean trading in its digital form, then you certainly cannot open new deals during the closing period, as it has specific times. But on the other hand.