New York Forex Market Open Time
The global foreign exchange (forex) market operates 24 hours a day, five days a week, without a centralized exchange. Instead, it follows a rolling schedule across various financial hubs around the world. Among these, the New York forex market session is one of the most influential and active. Understanding the New York forex market open time is essential for traders aiming to capitalize on market volatility and liquidity. In this article, we will explore the significance of the New York session, its overlap with other markets, trading strategies specific to this session, and practical tips for maximizing profits during this time. 1. Overview of the Global Forex Market The forex market is divided into four main trading sessions: Sydney Session Tokyo Session (Asian) London Session (European) New York Session (North American) Each session corresponds to the business hours of key financial centers. The New York session, representing the United States, accounts fo...