January 2016 forex seasonal trade #1: I need a dollar

Technical Analysis

Author: Adam Button | forex-seasonals

A look at three of the top forex seasonal patterns for January:

#1: The best time to be a dollar bull

If you liked the US dollar in 2015, you'll love it in 2016 -- at least to start the year. January is by far the best month on the calendar for the US dollar index.

Since 2000, the average gain has been 1.03% and it's been 1.00% over the past 30 years. Last year the rule proved true with a whopping 5.02% gain that was the start to a sizzling year for USD.

Other January seasonal patterns:

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