Are Forex Markets Open on Good Friday?
Yes, the Forex market is open during Good Friday every year. Good Friday is a Christian holiday that commemorates the crucifixion of Jesus Christ, while Easter Monday is the Monday following Easter Sunday, which celebrates Christ’s resurrection.
Many trading companies in the USA and Europe do not work during this holiday, but the trading currency exchange market works as usual. However, during Good Friday, the forex market will be in thin liquidity.
What is with the stock market?
Is the stock market open on Good Friday?
No, all major U.S. stock exchanges, including the New York Stock Exchange and Nasdaq, Canadian and European stocks exchanges, will be closed on Good Friday. In addition, the stock market will be closed in most European countries, in the USA, and some Asian countries.
Why is the stock market closed on Good Friday?
The US stock market, including the New York Stock Exchange and Nasdaq exchanges, will be closed on Good Friday because all Catholic Christian countries worldwide celebrate this holiday. Good Friday is not a US Federal holiday, but the NYSE has been closed on the Friday before Easter every year since 1889, with two exceptions, in 1906 and 1907.
What happens when the jobs report is released on Good Friday?
Good Friday isn’t a federal holiday in the USA. But, in theory, the job report can be during Good Friday. We have an example from Good Friday in April 2015 and 2012 when the NFP report was on holiday. So, it is possible to have a significant economic event during Good Friday.