What Are Forex Market Hours? Foreign exchange (forex) market hours are the specified periods of time when traders and investors are able to conduct transactions in the foreign exchange market. The forex market is open five and a half days a week due to an overlap in hours, but local exchanges are closed during the weekend. These international currency markets are vital to facilitating business across the globe and are made up of banks, commercial companies, central banks, investment management firms, and hedge funds, as well as retail forex brokers and investors. KEY TAKEAWAYS Forex market hours are the hours when markets for forex trading are open. The forex market is available for trading 24 hours a day except on weekends. The forex market is decentralized and driven by local sessions, four in particular: Sydney, Tokyo, London, and New York. Trading volume varies from session to session, although the highest volume tends to occur when the London and New York sessions overlap. The ben...
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