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When does us forex open?

The foreign exchange market, also known as the forex market, is the largest and most liquid financial market in the world. It is a decentralized market where currencies are traded 24 hours a day, 5 days a week. However, forex trading hours vary depending on the location and time zone of the trader.

When does US forex open?

The forex market is open 24 hours a day from Sunday at 5:00 pm EST (New York time) to Friday at 5:00 pm EST. However, not all trading hours are equally active or liquid. The trading hours that are most active and liquid are from 8:00 am EST to 12:00 pm EST, when the New York and London markets overlap.

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The US forex market is the largest in the world, accounting for around 19% of global forex trading volume. The US forex market is divided into three major trading sessions: the Asian session, the European session, and the US session.

The Asian session starts at 7:00 pm EST and ends at 4:00 am EST. The Asian session is the least active and liquid of the three sessions, with the Japanese yen being the most traded currency during this session.

The European session starts at 2:00 am EST and ends at 11:00 am EST. The European session is the most active and liquid of the three sessions, with the euro being the most traded currency during this session.

The US session starts at 8:00 am EST and ends at 5:00 pm EST. The US session is the second most active and liquid of the three sessions, with the US dollar being the most traded currency during this session.

During the US session, there are several economic indicators that are released, which can have a significant impact on the forex market. These indicators include non-farm payrolls, consumer price index, gross domestic product, and retail sales.

Non-farm payrolls is a report that is released on the first Friday of every month and provides data on the number of jobs added or lost in the US during the previous month. The non-farm payrolls report is considered to be one of the most important economic indicators for the forex market and can cause significant volatility in currency prices.

The consumer price index is a measure of inflation and is released on a monthly basis. The consumer price index is used by traders to gauge the health of the US economy and can have an impact on the value of the US dollar.

Gross domestic product is a measure of the total value of goods and services produced in the US and is released on a quarterly basis. Gross domestic product is an important economic indicator that can provide insight into the health of the US economy and can impact the value of the US dollar.

Retail sales is a report that is released on a monthly basis and provides data on the sales of retail goods in the US. Retail sales is used by traders to gauge the health of the US economy and can have an impact on the value of the US dollar.

In conclusion, the forex market is open 24 hours a day, 5 days a week, with the US forex market being the largest in the world. The US forex market is divided into three major trading sessions: the Asian session, the European session, and the US session. The US session is the second most active and liquid of the three sessions, with the US dollar being the most traded currency during this session. During the US session, there are several economic indicators that are released, which can have a significant impact on the forex market.

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