The foreign exchange market is open 24 hours a day, 5 days a week. This is one of its most attractive features as it allows traders from all across the globe to participate whenever they want. Market hours are divided into three broad trading sessions. The Asian session (which also includes New-Zealand, Australia, and Eastern Europe), the European session, and the North American session. Below you will find a table of the opening and closing hours. These hours change slightly when daylight savings time is observed.
|Session ||Main Market ||Time (GMT) |
|Asian ||Tokyo ||11 pm – 8am |
|European ||London ||7am - 4pm |
|North American ||New York ||12pm – 8pm |
For more detailed information read please see The Sun Never Sets on Forex Traders.