The London Market For Forex
July 31st, 2010
So which time slot has one of the most forex trading activity taking place? The answer, not surprisingly, is the three hour period when there is an overlap of the top two currency trading floors of both London and New York. Even though the British pound isn’t the most heavily traded currency, as it comes fourth after the US dollar, euro and the yen, the London market may well be the most active and provide a unique time for forex traders. Most from the major European financial powers including Switzerland and Germany are within a one hour time difference of London, so they are also taking part in that market.
Entry Filed under: Investing