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There are quite a few reasons why the #forex market closes on weekends:
1️⃣ The need for traders to rest and recharge as trading can be demanding and stressful at times.
2️⃣ The market is influenced by economic and political events that occur during business hours.
3️⃣ To prevent traders from making impulsive and irrational trading decisions as there is no liquidity during the weekend.
4️⃣ The need for maintenance and trading platform upgrades.
5️⃣ To allow time for settlement of trades like exchanging currencies and transferring funds.
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