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Which Forex Market Is Open Now?
If you’re asking which forex market is open now?, the answer depends on your local time and the global forex session schedule. The forex market operates 24 hours a day from Monday to Friday, cycling through four major trading sessions: Sydney, Tokyo, London, and New York. At any given time, at least one session is active — and often two overlap, creating peak trading volume.
Major Forex Trading Sessions (In GMT)
Session | Open (GMT) | Close (GMT) |
---|---|---|
Sydney | 10:00 PM | 7:00 AM |
Tokyo | 12:00 AM | 9:00 AM |
London | 8:00 AM | 5:00 PM |
New York | 1:00 PM | 10:00 PM |
How To Know Which Market Is Open Now
To determine which session is currently open:
- Check the current GMT time (or convert your local time to GMT).
- Match it against the session times above.
Examples:
- If it’s 2:00 AM GMT, the Tokyo session is active.
- If it’s 3:00 PM GMT, London and New York sessions are both open — this is the most volatile trading period.
- If it’s 9:00 PM GMT on Friday, New York is closing soon, and the market will shut down for the weekend.
Peak Trading Times (Session Overlaps)
- London + New York (1:00 PM–5:00 PM GMT) – Highest volume and volatility.
- Sydney + Tokyo (12:00 AM–7:00 AM GMT) – Good for trading AUD/JPY and other Asian pairs.
- London + Tokyo (8:00 AM–9:00 AM GMT) – A short but active overlap.
Weekend Closures
- Closes: Friday 10:00 PM GMT
- Reopens: Sunday 10:00 PM GMT with the Sydney session
No forex market is open between those times.
Conclusion
If you’re wondering which forex market is open now?, it depends on the time of day and your timezone. The market runs continuously from Monday to Friday, cycling through global financial hubs. To trade effectively, align your strategy with the active session and currency pair volatility.
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