The spot market in forex trading is available 24 hours a day, five days a week, from Monday to Friday. It is because forex trading operates in various time zones around the world, and as one financial center closes, another one opens. As a result, spot market trading hours can vary depending on the currency pair being traded, as some currencies are more actively traded during certain sessions. The following are the different trading sessions in the forex market:
Asian Session: This session begins at 6:00 pm EST and ends at 4:00 am EST. It includes financial centers like Tokyo, Hong Kong, and Singapore.
European Session: This session starts at 2:00 am EST and ends at 12:00 pm EST. It includes financial centers like London, Frankfurt, and Zurich.
North American Session: This session begins at 8:00 am EST and ends at 5:00 pm EST. It includes financial centers like New York, Toronto, and Chicago.
Traders should be aware of these trading hours and sessions to make informed trading decisions and take advantage of the market's volatility during certain times of the day.
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