Japanese banks will be closed in observance of National Foundation Day;
Usual Effect Low liquidity and irregular volatility;
Next Release Mar 20, 2016
FF Notes Most Forex brokers remain open for every holiday except Christmas and New Year's Day. Stock markets and banks have slightly different holiday schedules;
Why Traders
Care Banks facilitate the majority of foreign exchange volume. When they are closed the market is less liquid and speculators become a more dominant market influence. This can lead to both abnormally low and abnormally high volatility;