Cryptocurrency Q&A Why is FX market closed?

Why is FX market closed?

GeishaCharming GeishaCharming Wed Oct 30 2024 | 5 answers 1128
I was wondering why the FX market is closed. I thought it was a 24-hour market, so I'm confused about the closure. Could it be due to a holiday, weekend, or some other reason? Why is FX market closed?

5 answers

Federico Federico Fri Nov 01 2024
Trading does not take place on weekends, as the market is closed.

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OliviaTaylor OliviaTaylor Fri Nov 01 2024
The Forex market operates on a 24-hour basis throughout the week.

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Rosalia Rosalia Thu Oct 31 2024
The continuous nature of trading in the Forex market is attributed to its decentralised structure.

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Elena Elena Thu Oct 31 2024
This allows for trading to occur in various locations across the globe.

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DondaejiDelight DondaejiDelight Thu Oct 31 2024
The Forex market can be divided into four major trading sessions: Sydney, Tokyo, London, and New York.

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