Most traders probably assume nothing much happens on summer Fridays, but it turns out that’s not the case, at least for the foreign-exchange market. Looking at the volatility of the major pairs, these Fridays are actually more volatile than throughout the rest of the year. While this may prevent some three-day weekends, take heart: The study doesn’t necessarily show you need to stick around for Friday afternoons.
Source: Bloomberg Pro Terminal
Trader Aleksandar Kumanov