Seasons Forex

Trading currencies on the online Forex, you often have to make a choice: for or against the dollar. The dollar is 90% of the currency pairs and causes the majority of fluctuations in interest rates. Many traders predict the dynamics of the dollar with the help of fundamental and technical analysis. However, few realize that time of year also plays a major role in the behavior of the dollar against other currencies, then there is a change in the behavior of exchange rates can be tracked over many years in the same time.

Eg., Do you know that over 8 out of 10 years (1997-2006) U.S. dollar has grown against the euro in January? Or that for 9 of the 10 previous years the U.S. dollar has grown concerning the Japanese yen? While there is no guarantee that historical patterns are sure to recur, the fact that the pattern was repeated 80-90% of the time, makes this phenomenon is very important. This information may be useful to you during the bidding process.

The most striking example of the seasonal behavior of couples will be USD / JPY in July. In 90% of the USD / JPY finished the month at a higher level than at the beginning of the month. This is not a precise explanation, but may affect the course of the first quarter ending in Japan or the beginning of the second half of the year in the United States.