[KPcurrency]

Kassai:

There may be or not be a relationship between the S&P and the currency market. I really don't know. My point was that when the "big boys" are on the NYSE or in the S&P pit in Chicago, their currency trading counterparts tend to be at the screen as well. Remember, if a U.S. company wants to invest in a French firm, there is not only a stock transaction but also a currency transaction. So the equities traders also look to the currency traders. Before a Japanese mutual fund buys Microsoft, there must be a currency trade made. So, it just seems to me that, the hours when the stock market (U.S.) is open correspond to good volume/trading in the currency market.

When I look at my charts, It just seems that the best move start around 7am to 9am est time and the time to get out is around 5 pm est. (The best moves in terms of volume, absolute percentage change, and trediness). Again, this in not unlike what you said. I just mentioned the fact that these hours coinside with other important U.S. markets.