The Forex market is the largest financial market in the world, with an estimated daily turnover of more than $5 trillion. It operates 24 hours a day, five days a week, and is open for trading in different time zones around the world. However, there are certain holidays and events that affect the Forex market and result in trading sessions being closed. In this article, we will explore the holidays on which the Forex market is off.
New Year’s Day
The first holiday on which the Forex market is closed is New Year’s Day, which falls on January 1st every year. This is the first day of the Gregorian calendar year, and it is a public holiday in most countries around the world. As a result, the Forex market is closed on this day.
Martin Luther King Jr. Day
The second holiday on which the Forex market is closed is Martin Luther King Jr. Day, which falls on the third Monday in January every year. This holiday is observed in the United States to honor the civil rights leader Martin Luther King Jr. As a result, the Forex market is closed on this day.
Presidents’ Day
The third holiday on which the Forex market is closed is Presidents’ Day, which falls on the third Monday in February every year. This holiday is observed in the United States to honor the country’s presidents, particularly George Washington and Abraham Lincoln. As a result, the Forex market is closed on this day.
Good Friday
The fourth holiday on which the Forex market is closed is Good Friday, which falls on the Friday before Easter Sunday every year. This is a Christian holiday that commemorates the crucifixion of Jesus Christ. As a result, the Forex market is closed on this day.
Easter Monday
The fifth holiday on which the Forex market is closed is Easter Monday, which falls on the day after Easter Sunday every year. This holiday is observed in many countries around the world, particularly in Europe and the Commonwealth. As a result, the Forex market is closed on this day.
May Day
The sixth holiday on which the Forex market is closed is May Day, which falls on May 1st every year. This is a public holiday in many countries around the world, particularly in Europe and Asia, and it is a day to celebrate workers’ rights and achievements. As a result, the Forex market is closed on this day.
Memorial Day
The seventh holiday on which the Forex market is closed is Memorial Day, which falls on the last Monday in May every year. This holiday is observed in the United States to honor the country’s military personnel who died in service. As a result, the Forex market is closed on this day.
Independence Day
The eighth holiday on which the Forex market is closed is Independence Day, which falls on July 4th every year. This is a public holiday in the United States to celebrate the country’s independence from Great Britain. As a result, the Forex market is closed on this day.
Labor Day
The ninth holiday on which the Forex market is closed is Labor Day, which falls on the first Monday in September every year. This holiday is observed in many countries around the world, particularly in North America and Europe, and it is a day to celebrate workers and their contributions to society. As a result, the Forex market is closed on this day.
Thanksgiving Day
The tenth holiday on which the Forex market is closed is Thanksgiving Day, which falls on the fourth Thursday in November every year. This holiday is observed in the United States to give thanks for the blessings of the year, particularly in terms of the harvest. As a result, the Forex market is closed on this day.
Christmas Day
The eleventh and final holiday on which the Forex market is closed is Christmas Day, which falls on December 25th every year. This is a Christian holiday that commemorates the birth of Jesus Christ, and it is a public holiday in many countries around the world. As a result, the Forex market is closed on this day.
In conclusion, the Forex market is closed on certain holidays and events. These include New Year’s Day, Martin Luther King Jr. Day, Presidents’ Day, Good Friday, Easter Monday, May Day, Memorial Day, Independence Day, Labor Day, Thanksgiving Day, and Christmas Day. Traders should be aware of these holidays and plan their trading activities accordingly.
