The market operates in four main periods: Sydney, London, Tokyo, and New York.
The highest trading and liquidity period is in London from 8 am to 5 pm GMT.
The highest trading and liquidity period in the US is from 1 pm to 10 pm GMT.
The highest trading and liquidity period occurs during the overlap between London and New York from 1 pm to 4 pm GMT.
The major currency pairs are USD/JPY, EUR/USD, USD/CHF, and GBP/USD.
The euro, New Zealand dollar, British pound, and Australian dollar are negatively affected by a decline in the US dollar.
The Canadian dollar, Japanese yen, and Swiss franc are positively affected by a rise in the US dollar.
The US dollar's rise or decline is influenced by specific news.
The Sydney market operates from 10 pm to 7 am GMT.
The Tokyo market operates from 12 am to 9 am GMT.

Test your knowledge of the foreign exchange market with this quiz! Learn about the four main trading periods, the highest liquidity periods, and major currency pairs. Discover which currencies are negatively or positively affected by a rise or decline in the US dollar. Find out how specific news can influence the US dollar's value and explore the operating hours of the Sydney and Tokyo markets. Sharpen your understanding of the forex market with this informative quiz.