When should you trade and when should you avoid trading during the Forex market's hours?
When the market is most active and there are the most trades being done at once, those are the peak trading hours for Forex. This kind of environment is characterized by tighter spreads and more liquidity. In conclusion, trading is best when there are overlaps throughout open marketplaces. The sessions in London and New York have the most overlap.
Due to the current high level of volatility, even though the gap initially appears tighter, significant economic news announcements may lead it to widen. However, significant volatility might be advantageous for traders in the currency market.