It opens at 1:00 CET (GMT + 1) on Monday
It closes at 23:00 CET (GMT + 1) on Friday
It closed on Saturday and Sunday as most of the banks were off and on low liquidity
There are four sessions in each region:
Asia - Tokyo, Hong Kong and Singapore
Europe - Frankfurt and London
America - New York and Chicago
Pacific - the capital of Wellington and Sydney
Each session has its own characteristics; You need to understand it for the most effective transaction in each market.
Asia
The most active currency pairs in the session were as follows:
USDJPY - USD to Japanese Yen
EURUSD - USD to Euro
EURJPY - Euro to Japanese Yen
AUDUSD - Australian Dollar to US Dollar
Europe
This is a vibrant session, and there may be great fluctuations in exchange rates due to the volume of trading of euro-based financial instruments:
Volatility increased when London market opened
Activity reduced at lunch break
Exciting activity during the afternoon / li>
Americas
The most active foreign exchange transactions began when New York opened and European traders returned after the lunch break. The Americas have the following characteristics:
Low volatility by US and European banks has similar effects.
Volatility may increase after European markets close - especially on Friday
The deal is exciting
Pacific
Trading was quiet during the Pacific session
When are the markets open?
All times are CET (GMT + 1).
Schedule of sessions
Open City Area Doors Closed
Asia Tokyo 1:00 9:00
Hong Kong 2:00 10:00
Singapore 1:00 9:00
Europe Frankfurt 7:00 15:00
London 8:00 16:00
American New York 14:00 22:00
Chicago 15:00 23:00
Pacific Capital, Wellington 21:00 5:00
Sydney 21:00 5:00