New York Session

The session that closes the trading day, and the one where United States data is released.

HomeMarket HoursNew York Session
Reading your clock…
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New York Session at a glance

Hours08:00 – 17:00 New York time
Time zoneEST (UTC−5) in winter, EDT (UTC−4) in summer
Daylight savingSecond Sunday in March to the first Sunday in November. The United States changes its clocks earlier in spring and later in autumn than Europe does.
Currencies at home hereUSD, CAD
OverlapsLondon, from the New York open until the London close.

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.

What happens in this session

Almost every major United States release lands in the first ninety minutes: Non-Farm Payrolls, CPI, retail sales, and the Federal Reserve’s rate decisions in the afternoon. Because the dollar is on one side of most traded pairs, this session moves nearly everything.

It also ends the trading day

The rollover happens at 17:00 New York time. Swap is charged or paid at that moment, positions are marked into the next value date, and on Friday it is the point at which retail trading stops for the weekend. It is also when the daily candle closes on most platforms.

Which currencies are at home here

The dollar and the Canadian dollar, whose data is released on North American hours. Crude oil inventories come out during this session too, which is one reason USD/CAD is more active here than at any other time.

Questions

What time does the New York session open?

08:00 – 17:00 New York time. The clock at the top of this page converts that into whichever time zone you pick, and it accounts for daylight saving, so it stays right through the year rather than being correct for half of it.

Does the New York session run at weekends?

No. Retail forex trades from Sunday 17:00 to Friday 17:00, New York time, and every session sits inside that week. On Saturday and Sunday there is no session open anywhere.

Do the hours change during the year?

Second Sunday in March to the first Sunday in November. The United States changes its clocks earlier in spring and later in autumn than Europe does.

Which currencies belong to this session?

USD, CAD. Those are the currencies whose home markets and economic releases fall inside these hours, which is what makes the session relevant to them.

Work with these hours

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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