
Key takeaways
- The forex week runs from Sunday evening to Friday evening New York time.
- Four centres shape the day: Sydney, Tokyo, London and New York.
- The London–New York overlap usually brings the heaviest trading in major pairs.
Live status

The sessions (approximate, local time)
| Session | Local hours | Most active pairs |
|---|---|---|
| Sydney | 08:00–17:00 Sydney | AUD, NZD pairs |
| Tokyo | 09:00–18:00 Tokyo | JPY pairs, AUD/JPY |
| London | 08:00–17:00 London | EUR, GBP, CHF pairs; all majors |
| New York | 08:00–17:00 New York | USD pairs, CAD |
Session times are conventions based on business hours; the market itself is continuous.
Overlaps
- London–New York: roughly 13:00–17:00 London time. Deepest liquidity and many US data releases.
- Tokyo–London: a short overlap in the European morning, relevant for EUR/JPY and GBP/JPY.
- Sydney–Tokyo: the Asian morning, active for AUD and NZD pairs.

The daily rollover
At 17:00 New York time the trading day ends. Positions held through it pay or receive swap, and spreads often widen briefly because liquidity thins as New York closes before Asia is fully active.
Weekends and gaps
The market pauses from Friday 17:00 to Sunday 17:00 New York time. News over the weekend can cause Monday's opening price to differ from Friday's close. Stop orders are filled at the first available price, which may be well beyond the stop. See order types.
Daylight saving time
The UK, EU and US change clocks on different dates, and Australia's seasons are reversed; Japan does not change at all. Session overlaps therefore shift by an hour for a few weeks each spring and autumn. The live board above adjusts automatically.
Gold hours
Spot gold follows a similar weekly schedule, with a short daily break around the New York close.
Forex market open time on Monday
The forex market opens at about 17:00 New York time on Sunday, which is Monday morning in Sydney and Wellington. Forex trading hours then run continuously until 17:00 New York time on Friday. Stock market hours are different: each exchange opens only during its local business day.
Common questions
What is the best time to trade EUR/USD?
Liquidity is usually highest during the London session and the London–New York overlap, when spreads tend to be tightest.
Is forex open on public holidays?
The global market stays open, but liquidity falls when major centres are on holiday, and some brokers adjust hours.