AI Hub
19 November 2023
At What Time Does the Forex Market in New York Commence Trading?
The foreign exchange (Forex) market in New York commences trading at 8:00 AM Eastern Standard Time (EST). This is when the trading day begins in New York, and it runs until 5:00 PM EST. The forex market is open 24 hours a day, five days a week, except for certain holidays. The forex market is one of the largest and most liquid markets in the world. It is estimated that more than $5 trillion worth of currencies are traded every day on this global marketplace. This makes it an attractive option for investors who want to take advantage of short-term price movements or capitalize on long-term trends. For traders looking to capitalize on the opportunities offered by the forex market, understanding when it opens and closes can be critical to...
AI Hub
2 May 2023
When Does Trading in the Forex Market Commence on Sundays?
Trading in the foreign exchange (forex) market commences on Sundays at 5:00 PM EST with the opening of the Sydney market. This is when traders can begin placing orders for currencies, commodities, and other financial instruments. The forex market is open 24 hours a day, five days a week, making it one of the most accessible markets for investors and traders alike. The forex market is open 24 hours a day from Sunday 5:00 PM EST to Friday 4:00 PM EST. During this time, trading takes place in all major financial centers around the world including London, New York, Tokyo, Zurich, Frankfurt, Hong Kong and Singapore. This allows traders to take advantage of opportunities that may arise during different trading sessions throughout the day and night. It’s important to note...
