Which countries come online at certain times of day?

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

Top left corner of MFB home page :) ?

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.

You are welcome

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.

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.

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.

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

@stian @togr @chrish9070 - Thanks for all the information. That gives me more to go on :-)

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.