Forex work on May 1 and other May holidays

This year, May 1 falls on a Friday, so many traders are interested in how the exchange will function on this day.

In addition, May is the month of May for many other equally significant holidays that may affect Forex trading.

Therefore, you should be prepared for surprises and close existing transactions in a timely manner so as not to pay extra commission for transferring positions over the weekend.

In May 2020, exchange trading is not carried out or is carried out with restrictions on the following days: On

May 1, 2020, trading is closed for ruble assets, transactions for other currency pairs and assets are opened as usual .

Trading will resume in full without restrictions only on May 4, 2020.

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May 9-11, 2020, celebration of Victory Day in Russia, trading in USDRUB and EUR/RUB currency pairs is closed, reopening on May 12, 2020.

May 27, 2020 World Banking Day celebration, the exchange is operating as normal, but there may be delays in payments.

Before long holidays, it is recommended to close existing transactions, and it’s not just a matter of triple swap, but also in a high probability of price gaps occurring.

Read what other holidays may affect the operation of the exchange here - http://time-forex.com/info/vyhodnye-prazniki-forex

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