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Currency Strenght

Saturday 13 November 2010

FAQ No2: What are the most commonly traded currencies in the FX markets? And when is the FX market open for trading?

FX available  24 hours daily from 22.00 Sunday to 22.00 Friday. These times may vary on market holidays and where daylight savings time applies.

Times shown are London time unless otherwise specified.

A true 24-hour market from Sunday 5:00 PM ET to Friday 5:00 PM ET, Forex trading begins each day in Sydney, and moves around the globe as the business day begins in each financial center, first to Tokyo, then London, and New York. Unlike many other financial markets, investors can respond to currency fluctuations caused by economic, social and political events at the time they occur - day or

The most often traded or 'liquid' currencies are those of countries with stable governments, respected central banks, and low inflation. Today, over 85% of all daily transactions involve trading of the major currencies, which include the US Dollar (USD), Japanese Yen (JPY), Euro (EUR), British Pound (GBP), Swiss Franc (CHF), Canadian Dollar (CAD), and the Australian Dollar (AUD). 

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