forex market hours Back to
Forex Education

Forex Markets Continued

Some industry estimates indicate that the price of the most active currency rates (like the Euro versus the US Dollar [EUR/USD] and the US Dollar versus the Japanese Yen [USD/JPY]) can change up to 18,000 times a day. These numbers prove the depth of the forex market and the colossal liquidity it offers traders.

Currencies are being traded around the clock, from Sunday afternoon to Friday afternoon. Around the world, there are always one or more financial centers opened for business. Consequently, banks and other financial institutions are continuously trading dollars, yens, euros, and other currencies. It doesn't matter where a trader is located - whether in New York or London, forex traders are constantly clicking their computer mouse to buy or sell currencies.

As some financial centers close and others open for business around the globe, trading hours overlap; so at any given time one or more financial centers are open and actively trading currencies.

Trade the forex market live on our free 30-day demo.

 

Forex Education Section | Forex Trading Home

forex footnote

privacy policy | risk warning