U.S. President’s Day Trading Hours - Forex News by FX Leaders
President's Day

U.S. President’s Day Trading Hours

Posted Friday, February 15, 2019 by
Shain Vernier • 1 min read

Monday, February 18, marks the observance of President’s Day in the United States. The New York Stock Exchange will be closed for business, but futures, forex, and cryptocurrencies will remain open. It is important to remember that President’s Day is a bank holiday. This means that most U.S. forex liquidity providers will be out of the office until the Tuesday session.

President’s Day Trading Hours

Federal holidays are a challenge to trade, given limited market liquidity and levels of participation. Bid/ask spreads are typically wider and price action can be choppy. For the vast majority of these days it is best to sit out the action, or at the very least, cut risk.

Here are the markets and hours for Monday’s U.S. session:

Market                                                     Hours

New York Stock Exchange                     Closed

Chicago Mercantile Exchange               6:00 PM EST Sunday Open, 1:00 PM EST Early Close

Forex                                                          Normal, 24/5

Cryptocurrencies                                     Normal, 24/7

The futures markets feature an early halt to trade on Monday and the NYSE is closed. It is business as usual for cryptos and the forex, although liquidity may be limited throughout the U.S. session.

Overview

Going into a U.S. holiday weekend, it is always instructive to observe how gold performs toward the Friday close. A sudden bullish spike in gold is not uncommon as investors hedge against an extraordinary event. As of this writing, April gold is trending higher, topping $1,322.00 per ounce. It appears that although investors currently favor stocks, they are not above taking out an insurance policy going into the three-day break.

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About the author

Shain Vernier // US Analyst
Shain Vernier has spent over 7 years in the market as a professional futures, options and forex trader. He holds a B.Sc. in Business Finance from the University of Montana. Shain's career includes stretches with several proprietary trading firms in addition to actively managing his own accounts. Before joining FX Leaders, he worked as a market analyst and financial writer.
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