August is right around the corner, here are some historical trends in the month:

  • Cracks in cable
  • Aussie, Aussie, Aussie
  • Odds and ends
  • A crude time of year

Here were the seasonal trades we outlined for July. Overall, it was a modest performance with USD/JPY weakness hitting early and then reversing; sterling flat and the euro down. But crude shorts made up for any losses.