There are also national holidays that change the conditions of the Forex market, such as bank holidays in the United Kingdom or the United States, because without the participation of these countries, the market size and less liquidity than usual. At times during the day, news and reports affecting the Forex market are released. In these times, its effect can be significant, causing the price to move quickly in one direction and bounce back at the same speed. This is due to the low volume because banks and institutions remain outside the market, causing prices to move quickly in both directions. The publication times of these reports are available in advance and therefore market volatility can be avoided.

Similar Posts