EUR/USD most active hours?

This is a discussion on EUR/USD most active hours? within the Forex forums, part of the Markets category; Hi everyone, I am rather interested to know when the EUR/USD has its most active hours, when it starts to ...

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Old May 15, 2004, 3:29pm   #1
 
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EUR/USD most active hours?

Hi everyone,

I am rather interested to know when the EUR/USD has its most active hours, when it starts to get active. Based on the forex market time chart (attaches), it should be 7,8,13,14,15 london time. I would be grateful if anyone has allready researched this and is willing to share his/her information. I have done a small chart based on 15 days worth of data which is attached, and it seems to confirm the forex market time chart.

I would appreciate any comments

Thank you very much Ilia
Attached Thumbnails
fx-times.jpg   forex.png  
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Old May 15, 2004, 5:08pm   #2
 
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The futures have more liquidity from around 13:00 UK time.

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Old May 16, 2004, 6:25am   #3
 
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Times to be aware of: 3:00 am (start of London Session) 8:00am(start of NY session) 5:30am(data/news release) 9:30am (London session ends) All time are EST.
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Old May 16, 2004, 12:41pm   #4
 
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Data / News release time

Quote:
Originally Posted by swingkong
Times to be aware of: 3:00 am (start of London Session) 8:00am(start of NY session) 5:30am(data/news release) 9:30am (London session ends) All time are EST.
Sorry SwingKong but just want to check if the 5:30 AM is correct - seems very early in EST ?.
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Old May 16, 2004, 12:51pm   #5
 
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London Session ends 14:30 ?

Quote:
Originally Posted by swingkong
Times to be aware of: 3:00 am (start of London Session) 8:00am(start of NY session) 5:30am(data/news release) 9:30am (London session ends) All time are EST.
No offense, just trying to clarify.
There's 5 hours difference between New York and London so if London Session ends 09:30 AM EST that would be 14:30 BST (British Summer time). I thought London closed 16:30 BST and therefore 11:30 EST ?.
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