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When does the forex market close friday pacific time?

The forex market, also known as the foreign exchange market, is the largest financial market in the world, with over $5 trillion traded daily. It operates 24 hours a day, five days a week, from Sunday evening to Friday evening.

For traders in the Pacific Time Zone (PT), the forex market closes at 2:00 PM PT on Friday. This is because the forex market operates based on different time zones, with the major financial centers around the world operating at different hours.

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The forex market is composed of several trading sessions, each with its own opening and closing times. These trading sessions include the Tokyo session, the London session, and the New York session. The Tokyo session opens at 6:00 PM ET (3:00 PM PT), the London session opens at 3:00 AM ET (12:00 AM PT), and the New York session opens at 8:00 AM ET (5:00 AM PT).

The forex market operates continuously from the opening of the Tokyo session on Sunday evening until the closing of the New York session on Friday evening. However, during weekends and holidays, the forex market is closed, and trading activities are paused.

During the week, the forex market operates 24 hours a day, with trading activities conducted in different time zones. This means that when it is daytime in one financial center, the forex market is active, and when it is nighttime, the market is less active.

For traders in the Pacific Time Zone, the forex market closes at 2:00 PM PT on Friday. This is because the New York session, the last trading session of the week, closes at 5:00 PM ET (2:00 PM PT). After this time, trading activities slow down as traders prepare for the weekend.

It is important to note that trading activities in the forex market can be affected by various factors, such as economic news releases, geopolitical events, and market sentiment. These factors can cause significant fluctuations in currency prices and trading volumes, which can affect trading activities and market close times.

In addition, some forex brokers may have different trading hours and market close times, depending on their location and business operations. It is important for traders to check with their broker to confirm their trading hours and market close times.

In conclusion, the forex market operates 24 hours a day, five days a week, from Sunday evening to Friday evening. For traders in the Pacific Time Zone, the forex market closes at 2:00 PM PT on Friday, as the New York session, the last trading session of the week, closes at 5:00 PM ET (2:00 PM PT). Trading activities in the forex market can be affected by various factors, which can cause significant fluctuations in currency prices and trading volumes, and traders should confirm their trading hours and market close times with their broker.

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