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Tokyo session

The Tokyo session is the part of the global trading day centred on business hours in Japan. It is often grouped with the wider Asian session, which also includes activity from centres such as Singapore, Hong Kong, Sydney, and Wellington. Yen pairs are usually most closely associated with this period, although the Australian and New Zealand dollars can also be active. Liquidity may be lower than during the London and New York overlap, so some currency pairs can trade within narrower ranges. Economic news from Japan, China, Australia, or New Zealand can quickly change that pattern. Exact session times depend on the time zone used by the platform.

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