When each trading centre is open, shown in your time zone. The market moves most when two centres are open at the same time, especially London and New York.
Bars show today in your time. Striped = two centres open at once (the busiest hours). Times follow each city's summer and winter time automatically.
| Session | Most active | Typical character |
|---|---|---|
| Sydney | AUD, NZD pairs | Quiet start of the day; gaps after weekends |
| Tokyo | JPY, AUD, NZD pairs | Steady ranges; Japanese and Chinese news |
| London | EUR, GBP, CHF pairs; gold | Biggest volume of the day; trends often start here |
| New York | USD pairs; gold, oil, indices | US news at 8:30 New York time; the London overlap is the busiest window |
Forex trades 24 hours a day from Sunday evening to Friday evening (GMT), passing through the Sydney, Tokyo, London and New York sessions. The clock above shows them in your own time zone.
Gold usually moves most when London and New York are both open, roughly 13:00–17:00 GMT, and around US news such as the jobs report and inflation figures.
The few hours when both the London and New York sessions are open. It's the busiest part of the day, with the tightest spreads and the biggest moves in most major pairs.