If you’re asking why forex market is closed today?, you’re not alone. Many traders, especially beginners, are surprised to find their trading platforms inactive at certain times. The forex market operates 24 hours a day during the week, but it does close on weekends and during certain global holidays.

Standard Forex Market Hours

The forex market runs from Monday to Friday, starting from 5:00 PM EST (10:00 PM GMT) on Sunday in Sydney, and closing at 5:00 PM EST on Friday in New York. However, the market is closed over the weekend due to the closure of central banks and financial institutions.

Reasons The Forex Market May Be Closed Today

1. It’s the Weekend
The most common reason is that today is either Saturday or Sunday. While some cryptocurrency markets run 24/7, forex does not — it pauses over the weekend when liquidity providers, banks, and institutions are shut.

2. It’s a Major Global Holiday
The forex market may also be closed or experience very low activity during certain holidays, such as:

• New Year’s Day (1st January)
• Christmas Day (25th December)
• Good Friday and Easter Monday
• US Independence Day (4th July)
• Thanksgiving Day (4th Thursday in November)
• Labour Day (varies by country)

If today coincides with any of these holidays, the market may be entirely closed or operating at extremely low volume.

3. Platform Maintenance
Sometimes your broker may perform scheduled maintenance during the weekend or on public holidays, making the platform appear offline. This can vary by broker.

4. Regional Market Closure
If a specific session (like Tokyo or London) is closed due to a regional holiday, trading might still be open globally, but with low volume and limited price action.

How To Confirm If The Market Is Closed

• Check the day and time in GMT or EST
• Refer to a forex trading calendar for global holidays
• Log in to your trading platform — if quotes aren’t updating, it’s likely closed
• Visit your broker’s official website or email support for announcements

Impact Of Market Closures

• No new trades can be executed
• Open positions remain active (but cannot be closed until reopening)
• Spreads may widen just before closing or opening
• Gaps may occur when the market reopens, especially after volatile weekends

Conclusion

If you’re asking why forex market is closed today?, it’s usually because it’s the weekend or a major holiday. Always check a global trading calendar and your broker’s schedule to stay informed and avoid unnecessary confusion or missed opportunities.

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