Forex trading hours on May 1st and other May holidays

This year, May 1st falls on a Friday, so many traders are wondering how the exchange will operate on that day.

Furthermore, May includes numerous other equally significant holidays that may impact Forex trading.

Therefore, be prepared for surprises and close existing trades promptly to avoid paying extra fees for carrying positions over the weekend.

In May 2020, exchange trading will be closed or limited on the following days:

On May 1st, 2020 , trading will be closed for ruble assets; trades for other currency pairs and assets will continue as usual .

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

May 9-11, 2020, Victory Day celebrations in Russia, trading in the USDRUB and EUR/RUB currency pairs is closed, resuming work on May 12, 2020.

May 27, 2020 World Banking Day celebrations, the exchange operates as usual, but there may be delays with payments.

Before long holidays it is recommended to close existing deals, and it is not only about the triple swap, but also in the high probability of price gaps occurring.

Read about other holidays that can affect the exchange's operations here: http://time-forex.com/info/vyhodnye-prazniki-forex

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