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The optimal time to trade the forex foreign exchange market is when it's at its most active levels. That's when trading spreads the differences between bid prices and ask prices tend to narrow. In those situations, less money goes to the market makers facilitating currency trades, which leaves more money for the traders to pocket personally. Forex traders need to commit their hours to memory, with particular attention paid to the hours when two exchanges overlap. When more than one exchange is open at the same time, this increases trading volume and adds volatility—the extent and rate at which forex market schedule or currency prices change. The volatility can benefit forex traders. This may seem paradoxical.

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Financial Friday: Taking Charge Of Your Money - 4 Tips To Take Charge Of Your Money NOW!

Live Smarter with new financial tips every Friday on social media, and improve your financial life with First Source. May 7, - Finances don't have to be frightening. Join us on Fridays to add some more tools to your budgeting repertoire and beyond! Each week, Financial Fridays features one of our national partners dedicated to making a financially literate future a reality.