TechnicalCentral BanksForex Brokers
Trading Tools |
January Seasonal Effect Favors Dollar Strength
0
votes
In this article, we argue that there is an interesting seasonal pattern affecting the US dollar’s exchange rate during the month of January. To some extent, the U.S. dollar has a tendency to rise during the month of January, particularly against the Japanese yen. In fact, over the past decade the U.S. dollar rallied against the Japanese yen during 7 out of the last 10 years. It is true that past returns are not indicative of future results. Yet, price patterns do form in the currency market and there are many different ways to incorporate seasonality into your trading. US Dollar – Japanese Yen (USD/JPY)
Euro – US Dollar (EUR/USD)
British pound – US Dollar (GBP/USD)
Next Analysis:
Content Provided by:
Daily fx
DailyFX.com provides free FX news, trading resources, and market analysis to the forex trading community.
Disclaimer:
FXCM and its affiliates assume no responsibility for errors, inaccuracies or omissions in these materials. They do not warrant the accuracy or completeness of the information, text, graphics, links or other items contained within these materials. FXCM and its affiliates shall not be liable for any special, indirect, incidental, or consequential damages, including without limitation losses, lost revenues, or lost profits that may result from these materials. This email is not a solicitation to buy or sell currency. All information contained in this e-mail is strictly confidential and is only intended for use by the recipient. All e-mail sent to or from this address will be received by the FXCM corporate e-mail system and is subject to archival and review by someone other than the recipient. Related Products Price: $ 49.95 Overview Adaptation is the name of the game in long term trading success. Join Fernando Gonzalez ...
Price: $ 49.95 Overview This course is more than simple rules, this class explores and shows you how to ...
|
|
What type of platform do you prefer? |
![]() |
|
-
-
- 


Related Products

