You can trade Forex round the clock, at any time when it is co | LiteFinance

You can trade Forex round the clock, at any time when it is convenient for you. The Forex market operates 24 hours a day from Monday till Friday.
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0:00-9:00 UTC – Asian trading session
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07:00-16:00 UTC – European trading session
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13:30-22:30 UTC – American trading session
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The volume of transactions usually increases during the crossover of several trading sessions: from 7:00 UTC to 9:00 UTC and from 12:30 UTC to 16:00 UTC, when Asians close intraday positions, and Europeans, on the contrary, enter the market.
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The same is true for the crossover of European late afternoon and New York morning trading hours is normally the most active.
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According to BIS Research, London is the major trading centre. In 2019, it accounted for 43% of all Forex trader activity. The capital of the UK is the centre of the European session where EURUSD, GBPUSD, USDCHF, EURGBP, and EURCHF are mostly traded.
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The second-largest trading centre is New York, the share of which in the total volume of Forex transactions is 17%. Other trading centres are Singapore (7.3%), Hong Kong (6.7%), and Tokyo (6.1%). Americans prefer to trade the Euro Dollar, USDCAD, and other dollar pairs. The Asian trading session has its favourites – the USDJPY currency pair, as well as AUDUSD, AUDJPY, NZDUSD, NZDJPY, and others.
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What is the best time to trade? If you are not going to invest a billion dollars in one trade, liquidity is not a problem. Increased volatility is observed during the crossovers of trading sessions. At that time, the news is actively published. In general, it all depends on the EUR/USD investing strategy that you apply.

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