Currency market working hours
New York Closes after 7 Hours 20 Minutes
London Closes after 2 Hours 20 Minutes
Tokyo Opens after 9 Hours 20 Minutes
Sydney Opens after 7 Hours 20 Minutes
Forex market hours
The currency market - Forex - operates 24 hours a day, five days a week due to its decentralized nature. It goes through the operating periods of four global markets, which are the Australian market in the far east, the Asian market, the European market, and ends with the period of the American market in the far west. The Forex market is closed on weekends, Saturday and Sunday.
The table below shows the operating periods of the markets, and you will notice that the operating periods of some markets intersect with each other:
During the period when some markets intersect with each other, liquidity increases in the Forex market and the movement is active. For example, the European period is the market’s most active period in terms of liquidity, as the trading volume represents 37% of the total volume of all periods. As for the opening period of the American market, which It begins with the beginning of trading in the New York Stock Exchange, as it is the second largest period in terms of trading volume, representing 19%.