Forex holidays in 2019
2018 is coming to an end and, as always, we warn our readers about holidays on which the Forex exchange will not work or will work with restrictions.
Such information is important for several reasons, firstly, on holidays, liquidity for all trading assets decreases significantly, and this leads to a widening of the spread.
And secondly, for unclosed transactions, a swap is charged for transferring positions within a day, and since there can be many days off, the amount of the commission will be significant.
And so the New Year holidays 2019 and the associated changes in Forex trading.
12/24/2018 - before Christmas day, trading in some assets may be stopped before 12:30, so it is advisable to close all transactions before this time.
UK GBP - Early Close at 12:30
US USD - Early Close at 13:00
France EUR - Early Close at 14:05
Japan JPY - Public holiday
25.10.2018 – Catholic Christmas, a day off, the Forex market does not work, and other exchanges located in countries celebrating this holiday also do not work.
31.12.2018 - New Year's day. Also, most of the trading platforms will have reduced opening hours.
UK GBP - Early Close at 12:30
Japan JPY - Exchange holiday
01.01.2019 - New Year. All exchange platforms are closed and trading is not taking place.
02.01.2019 – Exchanges operate as usual, all currency pairs are available for trading.
21.01.2019 - Martin Luther King Day is closed for trading on US stock exchanges.
In addition, you can also note the weekends on the Moscow Exchange - January 2 and January 7, 2019.
Also keep an eye on changes in the work of your brokers, as company support may not work on a more extended schedule due to the New Year and Christmas holidays. More detailed information will appear closer to the new year.