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What Are the Trading Hours for EUR/USD?

Find out the trading hours for EUR/USD before trading this currency pair.

By Marcel Deer

Edited by Korana Braun

Published February 22, 2024.

Closeup of a stock chart on a computer screen that's tracking the EUR/USD currency pair

The Euro/US Dollar (EUR/USD) currency pair is the world's most heavily traded. This major currency pair is also considered a main driver in the global forex market.
The EUR/USD is popular among speculators owing to its large daily volume. The US Dollar and the Euro are two of the world's most prominent currencies and the official currencies of their respective economic zones.
» Learn how to start forex trading today and some strategies for staying ahead of the market﻿
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When Is the EUR/USD Typically Traded?Though the forex market is technically always open, the standard time for day trading this pair is between 07:00 and 20:00 GMT.
To maximize efficiency, day traders could consider trading the EUR/USD pair between 13:00 and 16:00 GMT, to potentially see the day's most significant moves. Spreads and commissions are also the least likely to impact potential profit during this window.
During this three-hour window, both London and New York are open, allowing a lot of trading volume from the two economic powerhouses. As a result, spreads tend to be much tighter than other periods throughout the day.
» Learn more about forex day trading and how timeframes affect volatility﻿
Note: Fortrade offers the ability to trade the price changes of forex pairs with CFDs and NOT to buy/sell ownership of the currency itself.
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Why Do Traders Trade the EUR/USD Pair? One of the reasons why forex traders prefer to trade the EUR/USD currency pair is its high liquidity—meaning that traders can quickly get in and out of EUR/USD positions.
 The EUR/USD exchange rate is also moving constantly to reflect investor sentiment, economic data releases, and central banks' policy announcements, among other factors. 
» Not interested in major pairs? Consider cross-currency pairs or exotic currency pairs﻿

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Be Aware: You can lose all, but not more than the balance of your Trading Account. These products may not be suitable for all clients therefore ensure you understand the risks and seek independent advice. You do not own, or have any interest in, the underlying assets. Fortrade Canada Limited is an Order Execution Only broker, and does not provide investment advice or recommendation. Fortrade is a member of the Canadian Investment Regulatory Organization (CIRO) and a member of the Canadian Investor Protection Fund (CIPF). Fortrade Canada Limited is authorised to provide CFD trading services in all provinces in Canada except Quebec. Residents of Alberta province are required to be Accredited Investors to trade CFDs.

CFDs are complex and highly speculative instruments, which come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing all your invested capital. Be Aware: You can lose all, but not more than the balance of your Trading Account.
76% of retail investor accounts lose money when trading CFDs with this provider. These products may not be suitable for all clients, therefore ensure, that you understand the risks and seek independent advice.

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The information on this site is not directed at residents of the United States or Belgium and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

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What Are the Trading Hours for EUR/USD?

When Is the EUR/USD Typically Traded?

Why Do Traders Trade the EUR/USD Pair?

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