Thursday, August 13, 2009

FOREX TIME ZONE

The forex time zone
Forex is an open and active market within 24 hours a day from Monday morning in the Asia-Pacific time zone straight to Friday in New York। This is within the business hours of the above mention zone, depending on the time zone। There others tens of global financial centers — such as Tokyo, Sydney or London that are open, and currency trading desks in financial centers are active in the market Holidays those not affect FX market that much because when other financial markets, like stocks or futures exchanges, closed others may be open within the same hours. If it’s a holiday in one country say, (the Fourth of July) U.S.A, other country may not be celebrating with them. With this they will still be trading currencies. Though there are common holiday across the world, but theres is always a maximum of 24 hours (one day) time difference, this may exist.

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