Forex Trading Sessions Explained: London, New York, Tokyo & Sydney

The guide explains how forex trading sessions shape activity in the world’s largest and most liquid market. While currency trading runs 24 hours a day across the trading week, liquidity, volatility, volume, and spreads vary depending on which financial center is open. It highlights four major sessions—Sydney, Tokyo, London, and New York—and describes their approximate UTC windows, noting that daylight saving time and local time-zone differences can shift the exact hours. The article characterizes Sydney as the start of the weekly cycle, often with lower activity and wider spreads, and says AUD and NZD can be especially relevant. Tokyo generally runs about 00:00–09:00 UTC, with lower volume but potential market moves when major Asian economic data is released, particularly affecting JPY and AUD/NZD pairs.