The Forex trading

The Forex trading “day,” lasts roughly for six days per week. It opens in Sydney with the local Monday morning, then moves with the sun to Tokyo, Frankfurt, London, and finally New York, then back around again to Sydney. It closes in New York on Friday evenings. This means that, at any time of the day or night during each work week, some currency, somewhere around the world, is actively trading. The clock may say it’s midnight, but there are still opportunities to make money on the Forex. These long trading hours allow investors to speculate on the results of world events as they’re happening. If a country has announced that it will release finanacial data relating to its economic growth or decline, an investor trading Forex can take advantage of the influence of that announcement on the country’s currency, even if it’s taking place during his night.