prices over weekends????

Jer · #1 (**permalink**) 02-02-2010, 09:03 AM

Hey all,

Does anyone know how I can check currency prices over the weekend? My broker opens at 5pm EST on Sundays and I am needing to find out what prices are at least by 4:30pm EST (prior to open)

Any ideas??

jayman · #2 (**permalink**) 02-02-2010, 09:37 AM

There is no weekend trading in Forex, so look at the close price from Friday.

Jer · #3 (**permalink**) 02-02-2010, 11:03 AM

actually there is trading over the weekends, just not available through the average broker (only major banks). Markets DO move over the weekends and I do not need to trade I just am trying to find a way to monitor the price.

jayman · #4 (**permalink**) 02-02-2010, 12:02 PM

I didn't know that

I am guessing it is only available to an elite group with very big accounts.

My ideas:

Open a very big account
Make friends with someone who has a very big account

Ok, I am walking away now .... you can kick me on the way out

limitup · #5 (**permalink**) 02-02-2010, 12:44 PM

Yeah Jay, you can get filled on weekends at some brokers...but it will cost you big....at least a 10 pip spread.

jayman · #6 (**permalink**) 02-02-2010, 03:28 PM

To actually contribute something useful to this thread I did some searching and I found it mentioned in a few places that Oanda has weekend rates. Couldn't locate any other specifics.

Jer · #7 (**permalink**) 02-02-2010, 06:02 PM

Quote:

Originally Posted by jayman

To actually contribute something useful to this thread I did some searching and I found it mentioned in a few places that Oanda has weekend rates. Couldn't locate any other specifics.

Thanks jayman, I will talk to them and see!

Appreciate it!

Jer