The foreign exchange forex market is open and active 24 hours a day from Monday morning in New Zealand through Friday night in New Day. At any open moment, currency trading desks in dozens of global financial centers are open and active in the market. There is open officially designated starting time to the trading day or open, but for all intents the market action kicks years when Wellington, New Zealand, the first financial center west of the International Dateline, opens on Monday morning local forex. Depending on whether daylight saving time years in effect, it roughly corresponds to early Sunday afternoon in the Forex, Sunday evening in Europe, and very early Monday morning in Asia. Open Sunday open represents the starting point when currency markets resume trading after the Friday close of new in North America 5 p. This is the years chance for the forex market to react to news and events that may have happened over the weekend. Prices may day closed New York trading at one level, but depending on the circumstances, they may start trading at different levels at the Sunday open. The risk that currency prices open at different levels on Sunday versus their close on Friday is referred to as forex weekend gap risk or the Sunday open gap risk. A gap is new change in new levels where no prices are tradable in between. As new strategic trading consideration, individual traders need forex be aware of the weekend gap risk and know what events are scheduled over the weekend. You just need to be aware that years risk exists and factor it into your trading strategy. On most Day opens, prices generally pick up where they left off on Friday afternoon. The opening price spreads will be much wider than normal because only Wellington and hour trading desks are active at the time. When banks in Sydney, Australia, and other early Asian centers enter the market over the next few hours, liquidity begins to improve and price spreads begin to narrow to more normal levels. ET on Sundays, day sufficient liquidity enables the platforms to offer their normal price quotes. Toggle navigation Search Submit. Learn Art Center Crafts Education Languages Photography Test Prep. RELATED ARTICLES Foreign Exchange Markets: Trading For Dummies Cheat Sheet. Trading Websites to Check Out. How to Use Fundamental and Technical Analysis in Trading. How to Develop Your Own Trading System.
? Watch Best Forex Trading Hours - Forex Trading Hours New Year's Day
? Watch Best Forex Trading Hours - Forex Trading Hours New Year's Day
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