The Sydney session opens the trading day and is usually the quietest of the four, with thin liquidity and narrow ranges. It overlaps with the end of the New York session, which is when the weekly close in US hours takes place. Because volumes are low, prices can gap or move abruptly on relatively small orders.
Forex glossary
Sydney Session
Related term
Trading Session
The forex market runs continuously for about twenty-four hours, but activity is concentrated in four regional sessions: Sydney, Tokyo, London and New York. Liqu…
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