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    Thread: How do I know exchange rates during the holiday

    1. #31
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      when holyday no exchange rates, the benchmark used if Saturday and Sunday is the last price is Friday, except if it is not intending to lose the exchange rate on hold until Monday.

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      Hi my friend, i want you know that the forex market stop working on holiday, saturday and sunday. So you can not trade in this time, you should wait to monday, then you can trade in this market.
      Forex, nothing is impossible ?

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      no you can't because at that time the market will be closed so data exchange and transactions will stop so the only thing you can do is wait until Monday but i prefere tuesday as the market is stable and there are no confusions

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      Quote Originally Posted by clarence View Post
      when holyday no exchange rates, the benchmark used if Saturday and Sunday is the last price is Friday, except if it is not intending to lose the exchange rate on hold until Monday.
      This business can be done 24 hours in 5 days so a lot of time except Saturday and Sunday closed world trade and no movement of the market and not good for any but low transaction holyday

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      A while i think there is no method to understand about it. And additionally some time i believe that exchange my rates cause i do not see him that day.

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      I do not know why the current week or day of their vacation may be because they want to rest, but the velocity of money will continue to run normally

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      on holiday we can not do the transaction because they also have a holiday and it works according to world bank

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      Quote Originally Posted by nrgslawi View Post
      I sometimes have to be a deal Friday night, and when markets are closed transactions be lost
      My question is can you see Exchange Rates on holiday on Saturday and Sunday


      Usually these remain fixed as per last working days and this is nearly same all over the world because there is no exchnge occure and main systems remain off. So majorly last day rates are accepted. there are many institutions which settle their holiday transactions on the next working day so they next working day rate is considered.

      "Take a trading break. A break will give you a detached view of the market and a fresh look at yourself and the way you want to trade for the next several weeks."

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      Quote Originally Posted by golden View Post
      I do not know why the current week or day of their vacation may be because they want to rest, but the velocity of money will continue to run normally
      for the rest really just need a better variety of conditions and may be aligned with whatever you have done in the past, this opportunity should run smoothly without any significant difference.

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      Quote Originally Posted by nrgslawi View Post
      My question is can you see Exchange Rates on holiday on Saturday and Sunday
      The forex market stop working at weekend so we can not see exchange rate then. But you can see thet on monday when the forex market open again. You should wtach news to get more information for new week.
      Forex, nothing is impossible ?

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