Trading sessions schedule

1. Trading sessions schedule
The forex market is global and is open 24 hours a day on weekdays:
• It opens at 0:00 CET (GMT + 2) on Monday
• It closes at 22:00 CET (GMT + 2) on Friday
• It's closed on Saturday and Sunday as most banks are shut and liquidity is low
There are four regional trading sessions:
• Asia – Tokyo, Hong Kong and Singapore
• Europe – Frankfurt and London
• America – New York and Chicago
• Pacific – Wellington and Sydney
Each session has unique characteristics; you need to understand these to get the most out of each market.
Asia
The most active currency pairs traded in this session are as follows:
• USDJPY - US dollars to Japanese Yen
• EURUSD - US dollars to Euros
• EURJPY - Euros to Japanese Yen
• AUDUSD - Australian dollars to US dollars
Europe
This is an active session, and there can be significant exchange rate fluctuations due to the trading volume of Euro-based
financial instruments:
• Volatility increases when the London market opens
• Activity decreases during lunch
• Activity rises again during the afternoon
America
The most active forex trading begins when New York opens and European traders return from lunch. The American session
has the following characteristics:
• Volatility is low since American and European banks have similar levels of influence
• Volatility can increase once European markets close – especially on Fridays
• Trading is aggressive
Pacific
Trading is quiet during the Pacific session.
When are the markets open?
All times are shown as CET (GMT + 2).
The schedule of trading sessions:

2. Region City Open Close
Tokyo 1:00 9:00
ASIA Hong Kong 2:00 10:00
Singapore 1:00 9:00
Frankfurt 7:00 15:00
EUROPE
London 8:00 16:00
New York 14:00 22:00
AMERICA
Chicago 15:00 23:00
Wellington 21:00 5:00
PACIFIC
Sydney 21:00 5:00