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Aug 05 - 02:36 PM
USD/JPY, GBP/USD, AUD/USD Usually Drop In August, USD/ZAR Rises
First appeared on eFXplus on Aug 05 - 09:50 AM
  • USD/JPY and the curse of August
  • Cable usually falls in August
  • AUD/USD, already threatened by August, burnt by Trump
  • Trade war sets USD/ZAR up for its usual August gains
  • Above are studies for each FX pair's August performance since 2000
  • Fed rate outlook, U.S.-China trade war and Brexit helping August seasonality

USD/JPY Seasonality Chart: Click here

GBP/USD August Seasonality Chart: Click here

AUD/USD Seasonality Chart: Click here

USD/ZAR Seasonality Chart: Click here

Source:
Refinitiv IFR Research/Market Commentary

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