The foreign exchange (FX) market is one of the most liquid tradable assets, with over $5 trillion of daily transactions. The market is decentralised and primarily traded over-the-counter (OTC) rather than exchange based. The FX market is popular for many reasons, though one important reason for individual traders is that it is open 24/6. This means that FX is tradable from Sunday night (Asian market open) continuously until Friday evening (US close). There is only a short period when FX isn&…
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