[B]New Zealand will begin Daylight Saving Time this weekend.[/B]
This means that clocks in New Zealand will be turned forward by one hour, prior to the opening of the forex market on Monday morning, September 29.
For traders in New Zealand, the normal business day in New Zealand will not change, but the normal business day in every other market will begin and end one hour later than previously.
For traders in all other markets, the only change will be that the normal business day in New Zealand will begin and end one hour earlier than previously.
Over the next 5 weeks, various countries will go onto, or off of, Daylight Saving Time (DST).
This is a nuisance for forex traders around the world — one which we have to contend with every 6 months.
Between late September and early November each year, and then again between early March and late April each year, we go through a transition from northern hemisphere summer to southern hemisphere summer, and then back again.
During these transitions, forex trading session times get shifted backward or forward, by one hour or two hours, depending on where you are in the world and which session you are trading.
We have been tracking these time changes for several years now, and by now you all know how to make the necessary adjustments in your trading. All you need is a schedule of the changes which are coming. So, here goes:
[B]Daylight Saving Time Changes for September-November 2014 in the Principal Forex Markets[/B]
• September 28 — New Zealand will begin Daylight Saving Time (DST)
• October 5 — southeastern Australia (Sydney, Melbourne, Canberra, Hobart, etc.) will begin DST
• October 26 — the U.K. and all of eastern, central and western Europe will return to Standard Time
• November 2 — the U.S. and Canada will return to Standard Time
[B]Daylight Saving Time Changes for September-November 2014 in other countries[/B]
• Chile — began DST on September 7
• Most of Brazil — will begin DST on October 19
• The English Channel Islands, Ireland, Israel, most of Greenland, and most of Mexico —
will return to Standard Time on October 26, along with the U.K. and Europe
• Bermuda and Bahamas — will return to Standard Time on November 2, along with the U.S.
and Canada