2. Due to the different time zones in the world, the time difference and working hours between regions are also inconsistent. Major banks in China usually arrive at18: 00 from Monday to Friday.
Extended data:
The most obvious difference between the foreign exchange market and other trading markets is the continuity in time and the unconstrained in space!
In other words, the foreign exchange market is a 24-hour uninterrupted market, and the main fluctuation and trading time is from New Zealand starting work on Monday to Chicago closing on Friday. There are also a few foreign exchange transactions in the Middle East over the weekend, but they are basically negligible, belonging to normal inter-bank exchange, not normal speculation. Therefore, to sum up, the foreign exchange market is a continuous trading market.
It is a well-known thing that you can trade when there is a market, but it doesn't mean you can trade. Every trading period in the foreign exchange market has its own rules and characteristics in 24 hours a day. We only need to understand his rules and adopt corresponding strategies at the right time, which can greatly improve the success rate of trading and avoid trading risks.
References:
Baidu Encyclopedia-foreign exchange trading hours