Forex market

Forex Market

The Currency Market, also known as the Forex Market is a global, financial market for trading currencies. It is the most heavily traded international market, with over $4 trillion in daily volume. Forex prices are determined by various factors, ranging from international trade or investment flows to economic or political conditions. Foreign exchange is a margined product, which means that you are only required to invest a small percentage of the full value of your position to place a forex trade. This means that the potential for profit, or loss, from an initial capital outlay is significantly higher than in traditional trading.

Popular currencies include major pairs like EUR/USD, USD/JPY and GBP/USD. Take a look at the chart for a detailed list of currencies.

Major Forex Market Hours:

Forex Category

GMT

Daylight Saving Time(DST)

Main Symbols Sun-Fri: 10pm -10pm Sun-Fri: 9pm – 9pm
USD/RUB Mon-Fri: 8am – 4pm Mon-Fri: 7am – 3pm
EUR/RUB Mon-Fri: 8am – 4pm Mon-Fri: 7am – 3pm
NOK/DKK Mon-Fri: 6am – 9pm Mon-Fri: 5am – 8pm
NOK/SEK Mon-Fri: 6am – 9pm Mon-Fri: 5am – 8pm
USD/CZK Mon-Fri: 8am – 7pm Mon-Fri: 7am – 6pm
EUR/CZK Mon-Fri: 8am – 7pm Mon-Fri: 7am – 6pm
USD/TRY Mon-Fri: 7am – 6pm Mon-Fri: 6am – 5pm
EUR/TRY Mon-Fri: 7am – 6pm Mon-Fri: 6am – 5pm
USD/ZAR Mon-Fri: 8am – 7pm Mon-Fri: 7am – 6pm
EUR/ZAR Mon-Fri: 8am – 7pm Mon-Fri: 7am – 6pm
USD/HUF Mon-Fri: 8am – 7pm Mon-Fri: 7am – 6pm
EUR/HUF Mon-Fri: 8am – 7pm Mon-Fri: 7am – 6pm
USD/PLN Mon-Fri: 8am – 7pm Mon-Fri: 7am – 6pm
EUR/PLN Mon-Fri: 8am – 7pm Mon-Fri: 7am – 6pm


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