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Author: Adam Button

July breakdown of seasonal trends:

Yesterday we published four top seasonal forex trades for July. It's a solid month for seasonals and there are a few trends worth keeping an eye on.

#4 Eurovision

#3 Slick and slippery

#2 Sterling seasonals

#1 Yen for the win

Here is also the seasonal scorecard for June

Some bonus seasonal notes:

  • July is the third best month for gold over the past 30 years
  • July is the third best month for stocks since 2005 but over the longer term it's an average month
  • July is the second best month for AUD since 2005 but it's declined in the past two consecutive years but an average of 1.6%
  • USD/CAD has declined in 5 of the past 6 Julys but over the past 30 years it's an average month.
  • Last July ran extremely counter-seasonal, right across the board




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