The forex market is a seamless 24 hour market and is open 5 days a week. At 5 pm Sunday, New York time, trading begins as markets open in Sydney and Singapore. At 7 pm the Tokyo market opens, followed by London at 2 am, and finally New York at 8 am (Time is based on New York time).
As a trader, this allows you to react to favourable/unfavourable news by trading immediately.
The trading of forex takes place all over the world and is not located in any one central location. Deals are done between a variety of traders, from banks to managed funds to individual traders.
As a trader, this allows you to react to favourable/unfavourable news by trading immediately.
The trading of forex takes place all over the world and is not located in any one central location. Deals are done between a variety of traders, from banks to managed funds to individual traders.