Does the forex really clsoe during weekend?
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It is not too surprising that many persons are of the perspective that the forex market is closed once it comes the weekend. But on a practical note, it is not actually as it seems, the forex doesn’t close. It can be said to be closed only to retail traders, during the weekend the forex market is still open to central banks and other big institutions. Currency operations are performed via electronic medium and doesn’t go on halt for a minute, not even a second. And when this trading transactions of buying and selling occurs, prices move also obeying demand and supply. So though there is reduced trading, the forex doesn’t actually close during the weeke