Which countries come online at certain times of day?

Mar 29, 2016 at 06:46
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10 Replies
Member Since Mar 17, 2016   3 posts
Mar 29, 2016 at 06:46
Hi,

I've noticed certain times of day (I'm on UK Time) have higher Forex volatility. I am aware of the market overlaps and this is why. I have the times for Sydney (10pm), Tokyo (midnight), NY (1pm) &, London (8am).

Is there a chart published that has all of them throughout the day?

Many thanks,
Paul
Member Since Feb 22, 2011   4862 posts
Mar 29, 2016 at 08:27
Top left corner of MFB home page :) ?
Member Since Dec 11, 2015   1487 posts
Mar 29, 2016 at 09:56
togr posted:
Top left corner of MFB home page :) ?

I hadn't even noticed it. No wonder others didn't too. Thank you for pointing it out.
Member Since Feb 22, 2011   4862 posts
Mar 29, 2016 at 10:08
You are welcome
Member Since Mar 17, 2016   3 posts
Mar 29, 2016 at 12:24
Thanks vontogr. What I'm trying to do is understand why volatility goes up at other times of day. I assumed that its because other countries/markets come online, not just the major ones I mention above.

I could look at the time differences between countries and work out what time 'their 8 am' is compared to UK time, but I was hoping for a more conclusive chart.
Member Since Nov 14, 2015   325 posts
Mar 29, 2016 at 13:17 (edited Mar 29, 2016 at 13:20)
There are several major trading markets. The countries which currency are traded with more than 1% are:

USA, Eurozone, Japan, UK, Australia, Switzerland, Canada, Mexico, China, New Zealand, Sweden, Russia, Hong Kong, Norway, Singapore, Turkey, South-Korea, South-Africa, Brazil and India.

Countries that cover about 80-85% are:
Eurozone, USA, Japan, UK, Australia, Switzerland and Canada.
Member Since Feb 22, 2011   4862 posts
Mar 29, 2016 at 14:10
porkopops posted:
Thanks vontogr. What I'm trying to do is understand why volatility goes up at other times of day. I assumed that its because other countries/markets come online, not just the major ones I mention above.

I could look at the time differences between countries and work out what time 'their 8 am' is compared to UK time, but I was hoping for a more conclusive chart.

Well not exactly. I would say it is driven by Economic news like FOMC announcement.
Member Since May 11, 2013   45 posts
Mar 29, 2016 at 14:11
The volatility will also increase as news passes across the news wires throughout the day, unexpected events, comments that may not be in the schedule
GiftedFx
Member Since Mar 17, 2016   3 posts
Mar 30, 2016 at 06:25
@stian @togr @chrish9070 - Thanks for all the information. That gives me more to go on :-)
Member Since Dec 11, 2015   1487 posts
Apr 01, 2016 at 10:12
togr posted:
porkopops posted:
Thanks vontogr. What I'm trying to do is understand why volatility goes up at other times of day. I assumed that its because other countries/markets come online, not just the major ones I mention above.

I could look at the time differences between countries and work out what time 'their 8 am' is compared to UK time, but I was hoping for a more conclusive chart.

Well not exactly. I would say it is driven by Economic news like FOMC announcement.

In my experience volatility always increases whenever a trading session opens somewhere. Obviously it doesn't increase as much as it does during high impact events and news, but still, there's definitely a difference.
Member Since Apr 04, 2016   3 posts
Apr 04, 2016 at 06:44
Being in Aus, we have it pretty rough. The Asian session is often quiet, except around large announcements.
live like the devil.
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