National Holidays Calendar

The forex market is closed on weekends from Friday at 10pm GMT to Sunday at 10pm GMT and on major international holidays, like New Year’s Eve and Christmas Day. Good Friday, Easter Monday, and a few other national holidays in important financial hubs including the US, UK, Japan, and the EU could also have an impact on trading. Due to its decentralized nature, on national holidays when major financial centers are closed, there may be partial closure of the Forex markets. On other open markets, though, trading is still possible despite the reduced liquidity.

You can consider a forex demo account to practice and schedule your trading during various forex market hours before risking real money. This helps you learn how trading opportunities are affected by holiday periods and simulates real market conditions.

The Forex market is open on Easter, although many other financial institutions and markets are closed. Major markets, including the US, UK and European Forex markets are closed on Good Friday. Many European markets are closed on Easter Monday, but US markets are open.

You can still trade Forex over Easter, but be prepared for wider spreads and more erratic price movements. Many traders choose to trade cautiously or not at all during this period.

On Christmas Day, which falls on 25 December in the US, UK and Europe, major financial markets are closed. In addition, on Boxing Day, 26 December, markets around the world, including the UK, Canada and Australia, are closed, further reducing market activity. Due to the disruption caused by the holidays, many traders choose not to trade over the Christmas period and instead wait for normal market conditions to return.

The worst time to trade currencies is during major forex market holidays as there is less liquidity, which could lead to wider spreads and more volatile price movements. In addition, trading can be more risky when there is a lot of market volatility, such as in response to economic or geopolitical events, as prices can swing sharply and quickly. Avoid trading during periods of low liquidity, such as late Fridays or early Mondays, when there may be fewer participants in the market. Finally, if you are unsure about the state of the market or do not have a clear trading plan, it is preferable to wait to trade until you feel more comfortable.