Asian Session (Tokyo)
The opening of this session at 7pm EST. Tokyo is the financial capital of Asia and Japan is the third largest forex trading center in the world. The Japanese currency – Yen is the third most traded currency as 16.5% of all forex transactions. There are many other countries with considerable pull that are present during this period including China, Australia, New Zealand and Russia. Normally, there is about 21% of all forex transactions take place during this session.
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