Does the forex market have any holidays?

Question

Or is it 24 hours, 5 days per week, 52 weeks per year?

Answer 1

Generally when the equity markets in the US are on holiday, the forex markets may likewise on some of those. Not all of course, especially the more "US-specific" ones. But yes, there are holidays in Forex.

Answer 2

Since many holidays are specific to a particular nation, and since FOREX is global, what you could see on holidays is low volume/ high volatility; the nation experiencing the holiday could be taking a break, but other nations not taking that holiday would be trading its currency.

An example of this is thanksgiving or the Japanese new year (which occurs after the first week of January). In the former case, American traders might not be trading, but others would be. And so on, in the latter case.

I do not know of any global holiday that would cause everyone around the world not to trade; except Saturday's.  

Answer 3

I second the guy ahead of me.

Answer 4

It depends on the country / currency. If the country is on holiday, corresponding currency trading is closed.

Answer 5

Each country has different holidays, but you can find an open Forex arena almost always somewhere around the world