Every September, the same thing happens: summer liquidity evaporates, real volume returns, and the FX market remembers how to move. Traders who ignore this seasonal rhythm get run over by it, year after year. The statistical case Historically, September is the most volatile month of the year for G10 FX. The average monthly range in […]
The monthly close is in, and the scorecard is unambiguous: August belonged to the dollar bears. EUR/USD ends August at 1.1589, up from 1.1544 in July and a massive 2.6% above the June close of 1.1300. GBP/USD closes at 1.3540, its second-highest monthly finish of the year. USD/JPY at 160.12 is the only major where […]
With August closing on Friday, positioning for September deserves more thought than usual — because this September carries an unusually heavy load. The calendar stack Five events dominate. One: the Federal Reserve meeting, where the market will parse every word for timing on the first cut. Two: the US employment report, the single most market-moving […]
Nothing rallies in a straight line, and the euro’s August surge is taking a well-earned breather. EUR/USD has pulled back from last week’s high of 1.1712 to close at 1.1589, a drop of over a cent in five sessions. GBP/USD retreated from 1.3638 to 1.3540, and USD/JPY actually rose for the first week since the […]
$78,000. Bitcoin is trading near that level — up 25% in August and 35% from the July 1 low of $57,748. The comeback has been so complete that the May crash to $72,436 and the June collapse to $58,076 now look, on the chart, like a single violent correction in an intact bull market. The […]