Which countries come online at certain times of day?

Mar 29, 2016 at 06:46
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10 Replies
Biedrs kopš   3 ieraksti
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
Biedrs kopš   4862 ieraksti
Mar 29, 2016 at 08:27
Top left corner of MFB home page :) ?
Biedrs kopš   1487 ieraksti
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.
Biedrs kopš   4862 ieraksti
Mar 29, 2016 at 10:08
You are welcome
Biedrs kopš   3 ieraksti
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.
Biedrs kopš   325 ieraksti
Mar 29, 2016 at 13:17 (labots 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.
Biedrs kopš   4862 ieraksti
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.
Biedrs kopš   45 ieraksti
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
Biedrs kopš   3 ieraksti
Mar 30, 2016 at 06:25
@stian @togr @chrish9070 - Thanks for all the information. That gives me more to go on :-)
Biedrs kopš   1487 ieraksti
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.
Biedrs kopš   3 ieraksti
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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