Overnight Trading

Overnight Trading

Trading on currencies that occurs between 9 pm and 8 am. Because there are so many exchanges (and indeed so many non-exchange trading platforms), currency trading is always happening, even when the local exchange is closed. Overnight trading affects exchange rates and can cause prices to rise or fall when the local exchange opens the next morning. See also: After-hours trading.
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The main Chinese share indexes have gained over 1% while S&P 500 futures are up in overnight trading, extending the 0.3% gain seen in regular trading on Wall Street yesterday.
dollar traded near the 99 yen line early Thursday morning in Tokyo, up slightly from its level in late overnight trading in New York, underpinned by a deal by U.S.
In overnight trading, it hit a high of $1.2416, its strongest level since late May.
Wall Street saw its worse day in over eight months yesterday, with the S&P 500 closing with a 3.3% loss, and S&P 500 futures have extended lower by a further 1% in overnight trading with Asian markets hit hard.
In New York overnight trading, the dollar fell to briefly touch 97.50 yen, its lowest level in about a month, amid the growing possibility of a partial shutdown of the U.S.
S&P 500 futures are up by 1.1% in overnight trading, a little off the highs but signalling a solid open of the regular session on Wall Street later.
dollar traded in the mid-97 yen range early Tuesday morning in Tokyo, maintaining its level from late overnight trading in New York.
The news broke after the Wall Street close yesterday, and has sent S&P 500 futures down over 1% in overnight trading, foreshadowing an sharp drop at the open of regular trading later today.
The dollar inherited upward momentum from overnight trading in New York where data released Monday showed growth in the New York manufacturing sector this month, reinforcing market players' upbeat assessment of the U.S.