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Back Fundamental analysis
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Back Fundamental analysis
The Dollar Bets on Profit
Do old patterns still work? An
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Do old patterns still work? An analysis of seasonal currency dynamics on Forex shows that December is typically a good month for the euro and a poor one for the U.S. dollar. According to MUFG, EUR/USD tends to strengthen in the last month of the year, only to lose its gains between January and March. This pattern held in December 2016, when Donald Trump first assumed office in the U.S. But does this mean history will repeat itself?When an investor
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Marek Petkovich,
Analytical expert of InstaForex
© 2007-2024
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