Over the years the Forex market has picked up specific patterns specific to each month of trading, as if each month of the year has a sort of Forex personality. For example, previously we wrote about how May is the month the dollar bulls dominate the market. Then, as the summer season heats up in the Northern Hemisphere, June and July are generally active Forex trading months. After a busy few months, the Forex market takes a vacation in August. September is when Forex traders return to their desks and the currency markets start moving again.
What About December?
This past couple of months we have seen strong Dollar sentiment, but as we get deeper into December what can we expect?
Seasonally, December is a bearish month for the US Dollar Index. How does the US Dollar hold up against other currency pairs in December?
Read this interesting article on DailyFX to learn more.
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