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WHAT ARE THE BEST TIMES TO TRADE FOR INDIVIDUAL CURRENCY PAIRS?

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WHAT ARE THE BEST TIMES TO  TRADE FOR INDIVIDUAL CURRENCY PAIRS? U.S. SESSION (NEW YORK): 8 A.M.–5 P.M. EST _____________________________________________________________ New York is the second largest FX marketplace, encompassing 19 percent  of total FX market volume turnover according to the 2004 Triennial Central  Bank Survey of Foreign Exchange and Derivatives Market Activity in April  2004, published by the Bank for International Settlements (BIS). It is also  the financial center that guards the back door of the world’s FX market  as trading activity usually winds down to a minimum from its afternoon  session until the opening of the Tokyo market the next day. The majority  of the transactions during the U.S. session are executed between 8 a.m. and  noon, a period with high liquidity because European traders are still in the  market. For the more risk-tolerant traders, GBP/USD, USD/CHF, GBP/JPY, and  GBP/CHF are good choices for day traders since th