Memorial Day 2019 Trading Hours

It has been an exciting trading week, headlined by sell-offs in the U.S. indices and WTI crude oil. U.S./China trade war concerns dominated the action yet again, prompting rallies in safe-haven assets such as gold and the Swiss franc. On the forex, the USD turned in a mixed performance against the majors, with values sliding vs the Euro while gaining ground against the British pound.

From a fundamental standpoint, next week will be hard pressed to deliver the action we saw this week. However, anything is possible and participation levels are currently high. Aside from the likely muted action of Memorial Day on Monday, we may be in for a few surprises as the month concludes.

Memorial Day Trading Hours

The annual observance of Memorial Day marks a key time in the trading year. It represents the beginning of the North American summer months, which often bring slower-than-normal trading conditions. While I expect this year to be active June through September, it is an element of market behavior worth noting.

Here is the trading schedule for Memorial Day, Monday, 27 May 2019:

Market                                                                              Business Hours

New York Stock Exchange (NYSE)                                  Closed

NASDAQ                                                                             Closed

Chicago Mercantile Exchange (CME)                             Regular Open, 1:00 PM EST Halt

Forex                                                                                   Regular Hours

Cryptocurrencies                                                              Regular Hours

Action on the forex and CME futures markets is highly likely to be muted as most U.S. liquidity providers will be out of the office on Monday. However, in the event we receive a fresh dose of trade war news over the weekend, forex and futures markets will react. If you are carrying open positions into the weekly close, be sure to exercise caution.

ABOUT THE AUTHOR See More

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.

Related Articles

Ethereum Price Prediction: Bullish Triangle Targets $6,000 – Key Levels to Watch

7 minutes ago

Save

Ethereum Price Prediction Soars—$265M Liquidated, ETH Hits $2,331

2 days ago

Save

Silver Eyes $33.24 Breakout as U.S.-China Trade Talks Heat Up

2 days ago

Save

Comments

0 0 votes

Article Rating

Subscribe

Login

Notify of

new follow-up commentsnew replies to my comments

Please login to comment

0 Comments

Oldest

Newest Most Voted

Inline Feedbacks

View all comments