To know the schedule of trading sessions on Forex means being able to rationally allocate one’s efforts and effectively use one’s possibilities and time. Trading sessions are periods when banks are actively trading. As is well-known, Forex working hours are unlimited and it functions round the clock. When the evening begins in one part of the world, in another part – the morning comes and the local currency market starts working. Sessions come one after another, or partially superimpose on one another, giving traders a possibility to trade whenever convenienty . Once logged in, you will find Forex working at any time, except Saturday and Sunday, when all markets in all countries are closed. Likewise Forex does not work on holidays, for example, Christmas, New Year, and Easter.

To know the schedule of trading sessions on the Forex market is also useful because currencies behave differently according to different trading sessions. For instance, the Yen usually “wakes up” and starts to move actively during the Asian session, while the Euro is more active during the European session. At other times, sharp price movements for these particular currencies are unusual. The most aggressive session out of all is American, which can either significantly drop or, conversely, strengthen, its very own dollar.

Schedule of Forex trading hours in Greenwich Mean Time (GMT) time zone.