Best times to trade forex

Price action can also result from economic data releases. Important metrics that help gauge a country’s economic health such as GDP, unemployment and inflation are often released towards the beginning of market hours. Central banks will also meet during their region’s trading session. In these instances, traders can expect a more liquid and possibly volatile market immediately following data releases.

For the US, 8:30am and 10am EST are popular times for data releases. European countries often report data from 2am to 5am EST, and Asian countries from 7pm to 11pm ET.

When is the best time to trade forex?

While there is no undisputed “best” time to trade forex, 8am – 12pm EST is an optimal time for traders to experience high liquidity and volatility. In this four hour period, the London and New York sessions overlap and the US releases a majority of their key economic data points. This overlap brings a high number of active participants into forex markets, and US data provides potential volatility for USD pairs.