When trading Forex, it is important to know when national holidays occur as they can serve as a good guide for forecasting market situations in this period. As a rule, there is a jump in market activity immediately after a holiday is over. With care, you can choose the most profitable time to enter and leave the market. The primary cause of the downfall of the forex market in December is Christmas. As soon as Christmas comes, a sudden dryness in the market will be introduced. Most of the currency pairs’ value comes down measurably.

Merry Christmas to everyone who observes and celebrates it! This period is a great time to reflect on a great year which is coming to an end, and smart forex traders are taking a closer look at their forex portfolios in order to conduct an annual overview of their performance, crunch numbers and determine where they need to improve to make the next year an even better one. Many global markets are closed for Christmas today which means very thin volumes will be encountered.