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Forex market hours over Christmas and New Year 2026-27

In 2026, Christmas Day (December 25) and New Year's Day (January 1, 2027) both fall on a Friday. This article lists the US, UK, Australian and Japanese holidays around the year-end, and shows when each one starts and ends in New York (ET), London and Tokyo time, with tables and a chart. The dates come from governments, exchanges and central banks. Your broker's hours differ by broker and are often not set yet, so the article also covers how to check them. It does not tell you whether to trade or hold positions over the holidays.

Published 17 Oct 2026By Kenji Okumura, Representative, Tiltnote (has traded forex)

In short

Whether you can trade forex on December 25 and January 1, and for how long, is set by your broker. What we can say is that the US, the UK and Australia (New South Wales) are all on holiday on those two days (the Tokyo Stock Exchange is open on December 25).

Over the 2026-27 year-end, Friday, December 25 and Friday, January 1 are public holidays in the US, the UK and Australia (New South Wales).[2][3][4] The UK and New South Wales also have a holiday on Monday, December 28. The Tokyo Stock Exchange is closed from December 31 to January 3.[5] Because both US holidays fall on a Friday, they cover the last part of the normal trading week, which ends at 17:00 on Friday in New York. Broker hours differ by broker, and even at CME, the US futures exchange, holiday hours are usually finalized about two weeks before the holiday.[1] Check your broker's announcements in mid-December.

Year-end holidays 2026-27 (list of dates)

The table lists the holidays published by governments, exchanges and central banks, from US Thanksgiving to January 4. Blank cells are normal weekdays. Stock exchange and payment-system holidays are set separately from your forex broker's hours: a closed exchange does not by itself mean forex trading stops.

Scroll the table sideways →

DateUSUKAustralia (NSW)Japan (Tokyo Stock Exchange)Euro payments (T2)
Thu Nov 26Thanksgiving Day[2]
Fri Dec 25Christmas Day[2]Christmas Day[3]Christmas Day[4]Open as usualClosed[6]
Sat Dec 26Boxing Day[4](Saturday)
Mon Dec 28Boxing Day (substitute day)[3]Additional day (Boxing Day)[4]
Wed Dec 30Last business day of 2026[5]
Thu Dec 31Closed[5]
Fri Jan 1New Year's Day[2]New Year's Day[3]New Year's Day[4]Closed[5]Closed[6]
Sat Jan 2, Sun Jan 3Closed[5]
Mon Jan 4First business day of 2027[5]

These are days when a country's payment system or exchange closes. Whether your forex broker stops trading on those days is a separate question. See how to check your broker's hours below.

When each holiday starts and ends in ET, London and Tokyo time

A holiday runs from 00:00 to 24:00 on the local clock. On other clocks it looks like this. US daylight saving time ended on November 1, so New York (ET) is 5 hours behind London and 14 hours behind Tokyo in this period (our own calculation; see daylight saving and forex hours for the clock changes). To read any of these times on your own clock, you can use the forex market hours tool to see the time difference (it does not include holidays). For example, the UK Christmas holiday begins at 19:00 on December 24 in New York.

Scroll the table sideways →

Holiday (local date)New York (ET)LondonTokyo
US Thanksgiving, Nov 26Thu Nov 26, all dayThu Nov 26 05:00 – Fri Nov 27 05:00Thu Nov 26 14:00 – Fri Nov 27 14:00
NSW Christmas and Boxing Day, Dec 25–26Thu Dec 24 08:00 – Sat Dec 26 08:00Thu Dec 24 13:00 – Sat Dec 26 13:00Thu Dec 24 22:00 – Sat Dec 26 22:00
UK Christmas Day, Dec 25Thu Dec 24 19:00 – Fri Dec 25 19:00Fri Dec 25, all dayFri Dec 25 09:00 – Sat Dec 26 09:00
US Christmas Day, Dec 25Fri Dec 25, all dayFri Dec 25 05:00 – Sat Dec 26 05:00Fri Dec 25 14:00 – Sat Dec 26 14:00
NSW additional day, Dec 28Sun Dec 27 08:00 – Mon Dec 28 08:00Sun Dec 27 13:00 – Mon Dec 28 13:00Sun Dec 27 22:00 – Mon Dec 28 22:00
UK substitute day, Dec 28Sun Dec 27 19:00 – Mon Dec 28 19:00Mon Dec 28, all dayMon Dec 28 09:00 – Tue Dec 29 09:00
Tokyo Stock Exchange closed, Dec 31 – Jan 3Wed Dec 30 10:00 – Sun Jan 3 10:00Wed Dec 30 15:00 – Sun Jan 3 15:00Thu Dec 31 00:00 – Mon Jan 4 00:00
NSW New Year's Day, Jan 1Thu Dec 31 08:00 – Fri Jan 1 08:00Thu Dec 31 13:00 – Fri Jan 1 13:00Thu Dec 31 22:00 – Fri Jan 1 22:00
UK New Year's Day, Jan 1Thu Dec 31 19:00 – Fri Jan 1 19:00Fri Jan 1, all dayFri Jan 1 09:00 – Sat Jan 2 09:00
US New Year's Day, Jan 1Fri Jan 1, all dayFri Jan 1 05:00 – Sat Jan 2 05:00Fri Jan 1 14:00 – Sat Jan 2 14:00

As a guide to the normal trading week, the Australian Foreign Exchange Committee says normal trading "commences from 5.00 am (Sydney time) on Monday and closes at 5.00 pm (New York time) on Friday".[9] In December, that is 13:00 Sunday to 17:00 Friday in ET, 18:00 Sunday to 22:00 Friday in London, and 03:00 Monday to 07:00 Saturday in Tokyo (our own calculation). Your broker may open and close at different times.

A chart of December 24, 2026 to January 4, 2027 in New York time (ET). US holidays are Friday, December 25 and Friday, January 1, all day. In ET, the UK holidays run from 19:00 the evening before to 19:00 on the day: December 25, Monday December 28 and January 1. New South Wales holidays run from 08:00 the day before to 08:00 on the day: December 25 and 26 together, December 28, and January 1. The Tokyo Stock Exchange is closed from 10:00 on December 30 to 10:00 on January 3 in ET. The weekend is from 17:00 Friday to 13:00 Sunday in ET.
Blue bars are each country's holidays (00:00–24:00 local, converted to ET). Dashed boxes are the weekend. "Tokyo SE" is the Tokyo Stock Exchange. These are not broker trading hours.

What the chart shows:

What can happen around the holidays

When fewer people are trading, the spread (the gap between the buy and sell prices) can widen, prices can jump more, and orders may not fill at the price you expected. In Japan, for example, the Financial Futures Association of Japan says to take particular care on major countries' holidays, such as Christmas, and in the early-morning hours, when less is traded, because spreads can widen (in Japanese).[8] The same association notes that on New Year's Day and Christmas, the hours outside the Tokyo session are not part of the "almost 24 hours" (in Japanese).[7]

See what is the spread and price gaps and your stop-loss for more. What can happen when you hold over a weekend or holiday (gaps, swap by weekday) is covered in forex market holidays and holding over the weekend.

How to check your broker's hours

  1. Look at your broker's announcements in mid-December: CME says its holiday schedules are subject to change and that "Trading hours are usually finalized approximately two weeks prior to the holiday".[1] As of October 2026, its 2026 Globex schedule lists holiday schedules for Christmas (December 24–26) and New Year's (December 31 to January 1).[1] Your broker's year-end hours may not be set yet either, so check again in mid-December.
  2. Read what kind of "holiday" it is: an announcement may separate times when you cannot trade, times when trading closes early, how swap is charged, and when deposits and withdrawals are not processed. It can also differ by symbol (currency pairs, gold and so on).
  3. Check which clock the times use: your local time, your broker's MT4/MT5 server time, or New York time. To convert server time to your own, use the server time converter.
  4. Look at the symbol specification in MT5: choosing "Specification" from the right-click menu of the Market Watch window shows the trading sessions for each weekday. The steps are in how to check your broker's trading hours. Whether special holiday hours appear there depends on the broker.
  5. Review orders and anything that runs on a clock: check how your time-based rules, EAs (programs that trade automatically in MT4/MT5) and alerts handle the holiday hours.

The forex market hours tool shows the usual hours of each center on your own clock. It does not include holidays, so over the year-end, use it together with the tables here and your broker's announcements.

What to note in your records (you decide)

This article does not decide whether you trade, take a break or hold positions over the holidays. If you keep records, you can see later how it went for you.

To total up swap over a number of nights, use the swap calculator.

Sources

  1. CME Group. CME Group Holiday and Trading Hours (2026 CME Globex Trading Schedule). https://www.cmegroup.com/trading-hours.html
  2. Board of Governors of the Federal Reserve System. Holidays Observed by the Federal Reserve System. https://www.federalreserve.gov/aboutthefed/k8.htm
  3. GOV.UK. UK bank holidays (England and Wales). https://www.gov.uk/bank-holidays
  4. NSW Government. NSW public holidays. https://www.nsw.gov.au/about-nsw/public-holidays
  5. Japan Exchange Group. 営業時間・休業日一覧 (Business hours and holidays) [in Japanese]. https://www.jpx.co.jp/corporate/about-jpx/calendar/index.html
  6. European Central Bank. T2. https://www.ecb.europa.eu/paym/target/t2/html/index.en.html
  7. The Financial Futures Association of Japan. 学ぼう!FX #6 取引時間について (Learn FX #6: About trading hours) [in Japanese]. https://www.ffaj.or.jp/learning/?p=21
  8. The Financial Futures Association of Japan. 学ぼう!FX #7 スプレッド、手数料について (Learn FX #7: About spreads and fees) [in Japanese]. https://www.ffaj.or.jp/learning/?p=23
  9. Australian Foreign Exchange Committee. Q&A (Question 3). https://afxc.rba.gov.au/qa/
  10. New Zealand Government (govt.nz). Public holidays and anniversary dates. https://www.govt.nz/browse/work/public-holidays-and-work/public-holidays-and-anniversary-dates/

Tools for this article

Mark your trades over the holidays.

Tiltnote is a trading journal you can use free with manual entries. On every trade you can log your strategy name, how you felt, whether you kept your rules, and a note. If you do hold a position over the holidays, a note such as "year-end" makes it easy to spot when you look back.

Try Tiltnote free →Opens the Tiltnote web app. On the free plan, analysis and history show your most recent 14 days (older records are kept and unlock on the paid plan).

More articles

Forex market holidays, year-end and holding over the weekendDaylight saving shifts forex hours: how to check the October and November 2026 clock changesPrice gaps: why a stop-loss may not fill at your priceWhat is the spread? Bid, ask, and when it widensHow to bulk-import your past trades into Tiltnote with a CSVThe FIFO rule for US forex accounts: how closing order worksArticles →

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Updated 20 Oct 2026 · Run by Kenji Okumura, Representative, Tiltnote · About this site