State holidays and Forex

InstaForex Company offers you to look through the information, regarding the influence of holidays at financial flows on the leading financial markets and particularly at the Forex market. Almost all financial grounds of the world operate within 5-workingdays week. Only Forex can brag about its operations with no breaks. However, on Saturday and Sunday the trades on Forex are only with major currency pairs and the cover is less global than during the working days. But, during the holiday calm period on the Forex market the liquidity rate lowers and the intensity of almost all financial flows weakens, which leads to significant reduction of the risks, due to the loss of invested capital to the market.

Such drop in business activity is due to the holidays, which have major participants of the Forex market - commercial and investment banks. Especially banks provide the huge part of Forex financial flows saturation and other markets.

Forex disregard some holidays, however even"currency giant" can be within some of them. There is no doubt that Forex and its participants are such "workaholics". It is clear that this market is international and it accumulates in the Global network and in the accounts of thousands and millions of marketmakers, brokers and traders. It is turn out that as long as computer with internet connection is switched on - Forex works. However return to the State holidays. Not all the state holidays have significance to make usual day holiday, and in most of the countries at that. It can be New Year, Christmas and Labor Day (every country has its own name for this holiday). But world does not stop, and financial flows do not stop as well, informational reasons do not fail too. All of this is very important for trader especially for those who stakes on fundamental analysis. During the holidays period market seem to stop but this is more like calm before the storm. Just remember how often during the holiday one or another micro or macro economical events take place. Politicians announce about the resignation or assignment, heads of companies publish their reports and announce about the merger, another crisis took place in one country of the Middle East, president of transnational company refuses in celebrating holidays´� All of this is very important and any market which is dependent on such news will react to this as soon as it opens. The first reaction will be from the Forex market.

Bank Holidays for the year: 2009 (Dates Based on GMT)
Date	Flag	Country	Holiday
Jan 01		UK	New Year's Day
		US	New Year's Day
		Japan	New Year's Day
		France	New Year's Day
		Germany	New Year's Day
		Italy	New Year's Day
		Switzerland	New Year's Day
		Canada	New Year's Day
		Australia	New Year's Day
Jan 02		Japan	Bank Holiday: Day 3
Jan 03		Japan	Bank Holiday: Day 4
Jan 14		Japan	Coming of Age Day
Jan 21		US	Martin Luther King Jr.'s Birthday
Jan 28		Australia	Australia Day
Feb 06		NZ	Waitangi Day
Feb 11		Japan	National Foundation Day
Feb 18		US	Presidents' Day
		Canada	Family Day (Ontario)
Mar 20		Japan	Vernal Equinox Day
Mar 20		US	Good Friday
		UK	Good Friday
Apr 12		UK	Easter Monday
Apr 25		Australia	ANZAC Day
		NZ	ANZAC Day
Apr 29		Japan	Showa Day
		Europe	Labour Day
May 05		UK	May Day
		Japan	Childrens' Day
May 06		Japan	Greenery Day
May 11		Switzerland	Whit Monday
May 19		Canada	Victoria Day
May 22		Germany	Corpus Christi Day
May 26		US	Memorial Day
		UK	Spring Bank Holiday
June 02		New Zealand	Queen's Birthday
June 09		Australia	Queen's Birthday
July 01		Canada	Canada Day
Juyl 03		US	Early Market Close
July 04		US	Independence Day
July 21		Japan	Marine Day (Ocean Day)
Aug 01		Switzerland	National Day (Independence Day)
Aug 04		Canada	Civic Day
Aug 15		France	The Assumption of Mary
		Germany (some)	The Assumption of Mary
		Italy	The Assumption of Mary
		Spain	The Assumption of Mary
Aug 25		UK	Summer Bank Holiday
Sep 01		US	Labor Day
		Canada	Labour Day
Sept 15		Japan	Respect for the Aged Day
Sept 23		Japan	Autumn Equinox
Oct 03		Germany	Unity Day
Oct 06		Australia	Labour Day
Oct 13		US	Columbus Day
		Canada	Thanksgiving Day
		Japan	Health Sports Day
Oct 27		New Zealand	Labour Day
Nov 03		Japan	Culture Day
Nov 11		France	Armistice Day
		US	Veterans' Day
		Canada	Remembrance Day
Nov 24		Japan	Labour Thanksgiving
Nov 27		US	Thanksgiving Day
Nov 28		US	Early Market Close
Dec 23		Japan	Emperor's Birthday
Dec 24		Germany	Christmas Eve
		Italy	Christmas Eve
		US	Early Market Close
Dec 25		US	Christmas Day
		Australia	Christmas Day
		New Zealand	Christmas Day
		Canada	Christmas Day
		Switzerland	Christmas Day
		France	Christmas Day
		Germany	Christmas Day
		Italy	Christmas Day
		UK	Christmas Day
Dec 26		UK	Boxing Day
		Australia	Boxing Day
		New Zealand	Boxing Day
		Germany	Second Day of Christmas
		France	St. Stephen's Day
		Italy	St. Stephen's Day
		Canada	Boxing Day
		Switzerland	St. Stephen's Day
Dec 31		Japan	New Year's Eve