The foreign exchange market around the world re-opens every week on Sunday evening in the United States and the Forex market opening time in Pakistan after the weekend is approximately 10:00 PM PKT on Sunday. This opening coincides with the Sydney session, the first major trading centre to open in the world.
Forex Market Open Time in Pakistan Today
The Forex market open time in Pakistan actually depends on global schedules. Although the market is closed on a Saturday, it opens again on Sunday night between 10:00 PM and 11:00 PM PKT, based on adjustments to daylight saving time in the US. Since then, the market continues to be active all week till Friday night.
Weekly Forex Market Open Time in Pakistan
The Forex Market Open Time in Pakistan takes place around the clock between Monday and Friday with major trading sessions:
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Sydney Session: 03:00 AM – 12:00 PM PKT
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Tokyo Session: 04:00 AM – 01:00 PM PKT
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London Session: 01:00 PM – 09:00 PM PKT
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New York Session: 06:00 PM – 03:00 AM PKT
Among local traders, the overlap of London and New York sessions between 05:00 PM and 09:00 PM PKT is the most active period when market activity and liquidity are at their highest levels.
Importance of Forex Market Opening Time in Pakistan After Weekend
The awareness of the Forex market opening time in Pakistan following weekend aids the traders to anticipate the possible price gaps that may arise upon the start of the market. A lot of Pakistani brokers match their platforms with this schedule such that the traders receive the global liquidity when it begins.
