HomeForex Currencies

Library

Average Pip Movement

 

 
This is the average pip movement of the major currency pairs in each major Forex Trading Session.
 
 
AVERAGE PIP MOVEMENT PER TRADING SESSION
 
Forex Pair
New York
Tokyo
London
EUR/USD
92
76
114
GBP/USD
99
92
127
USD/JPY
59
51
66
AUD/USD
81
77
83
NZD/USD
70
62
72
USD/CAD
96
57
96
USD/CHF
83
67
102
EUR/JPY
107
102
129
GBP/JPY
132
118
151
AUD/JPY
103
98
107
EUR/GBP
47
78
61
EUR/CHF
84
79
109



FXCC Forex Trading




Average pip movement of the global currency pairs

CurrenciesFX (2012)

Factors Affecting Currency Trading

 

Similar to any other market price, the price of an exchange rate is determined by the forces of demand and supply. The price of an exchange rate reflects many economic and non-economic factors. The most important factors are inflation, interest rates, growth and macroeconomic risk.

Here are all the major factors affecting the fluctuations of global currencies.

1. Interest Rates

The interest rates of an economy are determined exclusively by the Central Bank (FED in US). When the interest rates of a Forex currency are increasing, that means that more investment funds are attracted and buy that currency in order to achieve higher interest return. On the other hand, when interest rates are decreasing a Forex currency is less attractive to investment funds and thus it is expected to fall against other currencies. 

Interest Rates Correlation

1) When Interest Rates ↑ then the Forex Currency ↑

2) When Interest Rates ↓ then the Forex Currency ↓ 

Read more: Factors Affecting Currency Trading

Forex Session

Info about Forex Sessions
 
The Forex Market is open 24 hours a day. The Forex market starts at 21:00 GMT on Sunday and ends at 21:00 GMT on Friday. 
 

FOREX MARKET TRADING SESSIONS  

Three major trading periods are incorporated in the daily Forex market activity*:
1) Tokyo Trading Session
2) London Trading Session
3) New York Trading Session 
*The Forex Market is most active between US/Europe overlap (8 AM-2 PM -NY Time) and Europe/Asia overlap (2 AM-5 AM -NY Time). 
 
 

FOREX TRADING HOURS 

 
Here are the Forex Market time zones through out the trading year.
 
A)     Winter Time Zone (October to April)
 
Time Zone
EST
GMT
New York OpenNew York Close
8:00 AM
5:00 PM
1:00 PM
10:00 PM
London Open
London Close
3:00 AM
12:00 PM
8:00 AM
5:00 PM
Tokyo Open
Tokyo Close
7:00 PM
4:00 AM
12:00 AM
9:00 AM

 

B)     Summer Time Zone (April to October)

Time Zone
EDT
GMT
New York OpenNew York Close
8:00 AM
5:00 PM
12:00 PM
9:00 PM
London Open
London Close
3:00 AM
12:00 PM
7:00 AM
4:00 PM
Tokyo Open
Tokyo Close
8:00 PM
5:00 AM
12:00 AM
9:00 AM

 

 GMT HOUR DIFFERENCE

 

Here is the GMT hour difference between Winter and Summer (Time Zones):

GMT HOUR DIFFERENCE

LOCATION

WINTER

SUMMER

London

0

+1 Hours

New York

-5 Hours

-4 Hours

Los Angeles

-8 Hours

-7 Hours

Wellington

+11 Hours

+12 Hours

Sydney

+9 Hours

+10 Hours

Tokyo

+9 Hours

+9 Hours

Hong Kong

+8 Hours

+8 Hours

Singapore

+7 Hours

+8 Hours

Moscow

+3 Hours

+4 Hours

Frankfurt/Main

+1 Hours

+2 Hours

Zurich

+1 Hours

+2 Hours

 
Forex Market Trading Sessions  
-CurrenciesFX 
  •  Start 
  •  Prev 
  •  1  2  3 
  •  Next 
  •  End 

Page 1 of 3

Currency Trading for Beginners

Currency Trading can only be Profitable if you Choose the right Forex Broker, the right Strategy, and join the right Trading Rebate Plan.

Dukascopy Rebate

Start Trading Forex by taking advantage of the Dukascopy Rebate Plan » Info about the Dukascopy Forex Trading Rebate

Compare Trading Signals

Compare popular Forex Signal Providers at Currencies Fx..

Compare Expert Advisors

Compare popular Expert Advisors (Forex Robots) at Currencies Fx..

Popular Expert Advisors

Claim FX Promotions

Forex brokers are offering high trading promotions (bonus or rebates). By using Currencies FX as your Introducing Broker you may achieve high rebates from some of the best Forex Brokers (Alpari UK, Dukascopy Bank, etc). Don't hesitate to contact with us and learn more.. 

Forex Accounts Deals

We partner with some of the best Forex Companies in the world and we may suggest various Forex Brokers according to your special trading needs (i.e. low spreads, exotic pairs, no delays, expert-advisors, scalping, MT5 trading etc). Contact us today and enjoy our free service..

Enjoy Trading Privileges

All traders who are using our Introducing Brokerage Service are enjoying trading privileges like market news and signals concerning Forex Trading. Contact us today and learn more about our free IB program, it is free as we never get paid by traders.. » Contact us