Gap risk fears push FX traders into Sunday-night Asia hours
Volumes surge at Singapore open as Trump’s weekend announcements force early risk management
The increased frequency of Trump-led market-moving news at weekends has seen venues report a sharp rise in volumes during the Asia-Pacific open, as US and European participants log in to manage risk hours before their home sessions begin.
Traders who would ordinarily wait for the London open are instead entering positions in early Asia hours to manage gap risk – the danger that prices move sharply between Friday’s New York close and Monday’s European open. Rather than face potentially wider moves
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