FOREX PROCESS

Forex is the world's most liquid and heavily traded market with over £5 trillion traded daily. The Forex market is decentralized, meaning there is no central location where trades are conducted, rather, Forex trading is conducted over the counter (OTC).

• The Forex market is open for trading 24 hours per day, 7 days per week and is traditionally separated into three sessions that overlap throughout the day:
• The Asian or Tokyo Session Major economic data about the region which may impact the whole trading day is released during this session. Heightened activity is expected in currency pairs featuring the Japanese yen
• The European or London Session This session overlaps with the closing of the Asian session and sees the release of important data from Europe. Liquidity is highest during this session and increased activity is expected in pairs featuring the Euro and British pound
• The North American or New York Session Coinciding with the second part of the European session, trading volumes are at their highest during this session. Significant price movements are expected in pairs featuring the U.S. dollar