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The forex market runs for 24 hours through the trading week, beginning in the Asia-Pacific region in the morning of Monday to the evening of Friday in New York. But since Pakistan operates on Pakistan Standard Time (PST), which is UTC+5, then one can easily calculate the time that the forex market will be opened right after the weekend, which is the following:
Opening Time of the Forex Market in Pakistan (PST):
Monday: Opens at 2:00 AM PST when the session begins in Sydney.
Key Time Zones and Sessions:
Sydney Session: Begins at 2:00 AM PST Monday
Tokyo Session: Begins at 4:00 AM PST
London Session: Begins at 12:00 PM PST
New York Session: Begins at 5:00 PM PST
Closing on Friday at 2:00 AM PST on Saturday that represents the end of New York on Friday evening around the globe
Why This Matters
The Pakistani trader usually begins to monitor the market from the Tokyo session, which starts at 4:00 AM PST. However, the real action is mostly seen during the overlap of the London and New York sessions, between 5:00 PM and 8:00 PM PST.
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