No, the foreign exchange market is a global market, and each country will have its own traditional festivals. Just because it has a holiday at home does not mean that there will be no transactions in the foreign exchange market. However, for Christmas, an almost global holiday, most traders are on vacation, but it is not excluded that some non-mainstream traders are still trading, but these transactions can no longer affect the average level of the market. Foreign exchange trading of individual companies is the intermediary business of banks. The customer's transaction funds are all collected, and the bank can close the position. Banks can't gamble with customers. Since they want to close their positions, they must have counterparties. The bank's fixed counterparty is a big bank with good reputation in the world. These banks are all on holiday at Christmas, so domestic banks naturally can't find rivals to close their positions. Therefore, it is reasonable to close their market. Christmas is closed, why does the screen price change? As I said before, the foreign exchange market is different from the stock market. For example, the domestic stock market is said to close at 15: 30. By that time, the whole system will be closed and the price will naturally remain unchanged. However, in the foreign exchange market, there is no mechanism and system that can provide centralized quotation like the stock exchange. The price changes you see are provided by traders to information companies, and only represent the wishes of traders. When most traders stop trading, there is no requirement for other traders to accompany them. Therefore, the change in price does not mean that the mainstream market is still trading. If you sell vegetables, you can rest at home on New Year's Day. If you want to make money, you can buy food as usual. You have no right to ask other vendors to sell with you, and you have no right to say goodbye to people on strike during the New Year. To participate in this market, we must understand the rules of this market. As for whether some banks can still trade now, I don't know, it is normal that they can. Maybe their counterparties are still working hard, or maybe they are willing to keep the position given to them by everyone.