Traders, please be advised that today, Friday, July 4th, 2025, marks Independence Day in the United States. As a major federal holiday, US stock and bond markets (NYSE, Nasdaq, etc.) are fully closed.
While the Forex market technically remains open 24/5, you should expect significantly thinner liquidity throughout the trading day, especially during what would typically be the busy New York session. With major US financial institutions and many market participants off, trading volumes will be substantially reduced.
What this means for your trading:
- Wider Spreads: Fewer participants can lead to wider bid-ask spreads, increasing your trading costs.
- Increased Volatility Risk: Lower liquidity can sometimes lead to more erratic price movements, as smaller orders can have a larger impact.
- Slower Price Action: Overall market activity will be subdued, particularly in USD-related pairs and commodities like gold, which often react strongly to US market drivers.
We recommend exercising increased caution today. Consider adjusting your position sizes, widening your stop-loss levels, or even reducing your trading activity until normal market conditions resume on Monday. Trade smart and prioritize risk management during these holiday conditions.