![]() The New York session, also known as the North American session, generates 16% of global forex volume.Īlong with contributions from Canada, Mexico, and a few South American nations, the US is the session's primary source of influence. Major currency pairs to trade in the Tokyo session: Unlike the other two sessions, the Tokyo session has significant volume at the finish.ĭespite the high volume of transactions, liquidity during the session can sometimes be low, especially compared to the London and New York sessions. The London session starts one hour after the Tokyo session ends. This session also coincides with Sydney trading hours, which begin two hours before Tokyo trading hours. The Tokyo session is part of the Asian forex trading session. Tokyo, where most Asian currency trading occurs, joins them in the next two hours, followed shortly by Hong Kong and Singapore.īelow are the four major Forex trading sessions: 1. ![]() (GMT+10), signaling the start of the Asian-Pacific trading session. The trading day formally begins in Australia when the Sydney and New Zealand markets open at roughly 9 a.m. The Forex markets worldwide operate during different trading hours. The New York and London exchanges account for over 50% of forex trades. Most traders consider the overlap of the New York and London exchanges from 8 a.m. ![]() The optimal times to trade are when the foreign exchange market is most active. Since the forex market operates per the usual business hours of four primary countries worldwide and their associated time zones, trading occurs day and night.Īlthough traders can access trading platforms anytime, this does not mean they should constantly be trading. ![]() The Foreign exchange market is open 24 hours a day and five days a week. ![]()
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