Dollar May Find Better Traction as Liquidity Fills Out in September

Technical Forecast for US Dollar: Bearish Talking Points: On the heels of the failed inverse head-and-shoulders break in August, the 95 neckline break stalled Liquidity likely played a crucial role in preventing progress, but September historically brings volume Retail FX traders are net short Dollar versus the Euro and Pound. See speculative positioning here. Those […]

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September Forex Seasonality Favors USD Weakness, European FX Strength

Talking Points: – Septembertypically the US Dollar retreat in favor of the European currencies. – Gold’s recent performances in September have skewed the 20-year seasonality trend. – S&P 500 typically has its second-worst performance of the year in September. See the full rundown of seasonal patterns broken down by currency pairs below, and to receive […]