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by lordnacho 2792 days ago
Yes, there's a 24/5 FX market where people decide what it's worth in relation to other currencies.
3 comments

The prices fluctuate not due to mere speculation (on the beauty of currencies) but the need to convert currencies to run a company or live your life (e.g. you have dollars and you need to pay your supplier in yuan).
FX markets are open all night but close on weekends?
To paraphrase Jimmy Buffet, It is always between 9:00 AM and 5:00 PM somewhere.
agreed