Forex Market Holidays
Track market holidays across major trading centers. Plan ahead to avoid low-liquidity periods and unexpected market closures.
Upcoming Market Holidays
January 2026(5 holidays)
Trading Impact Note
High-impact holidays (marked in red) significantly reduce market liquidity. Expect wider spreads, potential slippage, and reduced trading volume. Consider closing positions or reducing size before these dates.
Understanding Forex Market Holidays
Bank holidays significantly impact forex market liquidity and volatility. When major financial centers close for holidays, trading volume drops substantially, leading to wider spreads and erratic price movements. The US markets have the largest impact—holidays like Thanksgiving, Independence Day, and Christmas see dramatically reduced liquidity even in pairs not directly involving USD. UK and European holidays affect EUR and GBP pairs similarly. Japanese holidays impact Asian session volatility, while Australian holidays primarily affect AUD and NZD trading. Smart traders use this calendar to avoid opening new positions before major holidays and to close out positions that might be affected by low-liquidity conditions. Remember that forex markets operate 24/5, but bank holidays in your broker's jurisdiction may affect deposit/withdrawal processing times.
Frequently Asked Questions
Do forex markets completely close on holidays?
Forex markets don't completely close but experience significantly reduced liquidity during bank holidays. While you can still trade, spreads widen and price movements can be erratic. Major holidays like Christmas see the lowest liquidity.
Which holidays have the biggest impact on forex trading?
US holidays have the largest impact due to USD's dominance in forex. Thanksgiving, Christmas, New Year's, and Independence Day see the biggest liquidity drops. When both US and UK markets are closed simultaneously, liquidity is extremely thin.
Should I avoid trading during market holidays?
It's generally wise to reduce position sizes or avoid new trades during major holidays. Low liquidity can cause sudden price spikes, wider spreads, and slippage. Many professional traders close positions before long holiday weekends.