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Foreign exchange is traded 24 hours a day. In fact, although the foreign exchange market is a 24-hour transaction, there are certain skills in the choice of trading time in order to get more opportunities to make money. London and new york, the two largest areas where trading hours overlap, namely 2 1: 30-24: 00 Beijing time, are the most frequent and largest foreign exchange trading hours in the world, which is the prime time for foreign exchange trading.
The trading hours in the foreign exchange market are actually the working hours of banks in various countries. At present, there are three major foreign exchange markets in the world: London market (European market), new york market (American market) and Tokyo market (Asian market). Choosing the right time to trade in different currencies is helpful to make a profit in the transaction, but it is not absolute.