What's the Better Currency Trade:
Forex Futures or Spot FX?
Learning Markets, February 24, 2009
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24-Hour Market -- Advantage: Neither
Some spot forex advertising makes it seem like the only place you can trade 24/7 is in the spot forex market. That is not actually true. Both currency futures and spot forex effectively trade 23-24 hours a day, five days per week. The market is essentially closed from Friday afternoon through Sunday afternoon if you are in North America.
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Houghton and Atkeson
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The market seems to be saying that a 30% move up from the lows is ahead of the real economy and the market needs to allow the economy to catch up.
