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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? The foreign exchange market operates 24 hours a day and as a result  it is impossible for a trader to track every single market movement  and make an immediate response at all times. Timing is everything in  currency trading. In order to devise an effective and time-efficient invest ment strategy, it is important to note the amount of market activity around  the clock in order to maximize the number of trading opportunities during  a trader’s own market hours. Besides liquidity, a currency pair’s trading  range is also heavily dependent on geographical location and macroeco nomic factors. Knowing what time of day a currency pair has the widest  or narrowest trading range will undoubtedly help traders improve their in vestment utility due to better capital allocation. This chapter outlines the  typical trading activity of major currency pairs in different time zones to  see when they are the most volatile. Table 5