Most volatile pairs during new york session
The New York session, which typically runs from 8:00 AM to 5:00 PM ET, is a key period for currency trading. During this time, many market participants, including institutional traders and individual investors, are active in the markets. Here are some of the most volatile currency pairs during the New York session:
- EUR/USD: The Euro-US Dollar pair is often one of the most volatile pairs during the New York session. This is because the European Central Bank (ECB) and the Federal Reserve (Fed) both have a significant impact on the pair, and their monetary policy decisions can cause significant market movements.
- GBP/USD: The British Pound-US Dollar pair is another highly volatile pair during the New York session. This is due to the UK's close economic ties with the US, as well as the impact of Brexit on the pound's value.
- USD/JPY: The US Dollar-Japanese Yen pair is known for its high volatility, particularly during the New York session. This is because the pair is heavily influenced by the interest rate differential between the US and Japan, as well as the impact of global economic events.
- AUD/USD: The Australian Dollar-US Dollar pair is a popular pair among traders, and it can be highly volatile during the New York session. This is due to the pair's sensitivity to commodity prices, interest rates, and global economic events.
- NZD/USD: The New Zealand Dollar-US Dollar pair is another highly volatile pair during the New York session. This is because the pair is influenced by the interest rate differential between New Zealand and the US, as well as the impact of global economic events.
- USD/CAD: The US Dollar-Canadian Dollar pair is a popular pair among traders, and it can be highly volatile during the New York session. This is due to the pair's sensitivity to commodity prices, interest rates, and global economic events.
- EUR/JPY: The Euro-Japanese Yen pair is a highly volatile pair during the New York session, particularly when there are significant economic events or monetary policy decisions in the Eurozone or Japan.
- GBP/JPY: The British Pound-Japanese Yen pair is another highly volatile pair during the New York session, particularly when there are significant economic events or monetary policy decisions in the UK or Japan.
Keep in mind that volatility can vary depending on market conditions, economic events, and other factors. It's essential to stay informed and adapt to changing market conditions to maximize your trading opportunities.