Is the forex market open right now?

This needs JavaScript to answer, and it will not guess.

The short answer, without the clock

The currency market runs from Sunday 17:00 in New York to Friday 17:00 in New York, and inside that week it does not close. So it is open all night, it is not open on Saturday, it is not open on Sunday morning, and "24/7" is wrong — the phrase is 24/5. Bitcoin is the exception on this site: it trades through the weekend, though its weekend is measurably its quiet half.

What holidays actually do to it

This is where "forex is 24/5, so yes" stops being useful. It is wrong for Christmas and New Year, where this feed carries no bar at all in most years, and it is uselessly right for Thanksgiving or Independence Day, where the market is open and moves so little that being open is not the fact you needed.

So here is the size of it for 15 holidays, measured from 25 years of daily bars. Range is that day's high-to-low as a share of a normal one; ticks is how many price updates arrived, as a share of normal. Normal means the same weekday nearby — a holiday that always falls on a Monday has to be judged against other Mondays — with other holidays kept out of the comparison.

EUR/USD unless stated. Years with no bar counts the years the feed carried no bar for that date at all, which is the broker's book being closed rather than a gap in the data. Rows with 5 or fewer measured years are marked as such and should be read as an indication, not a measurement.

Gold keeps a different calendar

On Good Friday it is shut in 17 of 22 years while EUR/USD traded in every one of them.

That difference is the thing to take away from this page. The currency market has no exchange and therefore no holiday calendar — it thins out because the banks staffing it are away, not because anything closed. A metal traded on an exchange has both, so it stops outright on days when the currency market merely goes quiet.

The holidays ahead

Dates only. Whether your own broker halts trading on any of them is their decision and not a market-wide fact, and the two are regularly confused: on most of these days the market is open and your platform may still be shut.

What thin means for anyone trading it

A day at half its normal range with three-quarters of the usual participation is not a quiet version of a normal day — it is a different market. Stops sized for an ordinary session are wide relative to what price is doing, spreads are usually worse, and a single order moves more than it should. The two rows worth looking at twice are the ones where range stayed normal while participation fell: that is a thin book with a headline in it, which is the state that produces the outsized bar nobody planned for.

The rest of the measurement: what each market does hour by hour, its average daily range by year, and a stop distance sized from both.