Retail forex runs from Sunday evening to Friday evening, New York time. This says where in that week you are right now.
| Hours | Sunday 17:00 to Friday 17:00, New York time |
|---|---|
| Time zone | The week is defined in New York time, which observes daylight saving |
| Daylight saving | Because the week is anchored to New York, the open and close move by an hour twice a year in every other time zone. |
Hours are the conventional business hours of the financial centre. The clock above converts them into your own time zone and follows daylight saving, so it does not go stale twice a year.
The full session clock shows all four at once with a timeline.
Retail forex opens at 17:00 on Sunday, New York time, when Sydney reaches Monday morning, and closes at 17:00 on Friday, New York time, when New York finishes. In between it does not stop: as one centre closes another is already open, which is why forex is described as trading around the clock.
The week is anchored to New York, so in Dhaka the open is early Monday morning and the close is early Saturday morning. The clock above converts it for you rather than leaving the arithmetic to be done twice a year when the clocks change.
The market does not close for most national holidays, but liquidity thins badly on Christmas Day and New Year’s Day, and around major public holidays in the currency’s home country. Spreads widen at those times even though the market is technically open.
The box at the top of this page answers that live, in your own time zone. The market runs from Sunday 17:00 to Friday 17:00, New York time.
17:00 New York time, which is when Sydney reaches Monday morning. In Dhaka that is early Monday morning; the clock above converts it for wherever you are.
No. Retail forex is closed from Friday 17:00 New York time until Sunday 17:00. Prices you see quoted at the weekend are last week’s close, not a live market.
Rarely completely, but liquidity thins badly around Christmas, New Year and major public holidays in a currency’s home country. Spreads widen at those times even while the market is technically open.
The session a trade was taken in is recorded in the journal, and the analytics break results down by session, so you can see which of these hours actually works for you rather than guessing.
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