Does the end/start of the tax year, March/April, affect the market? Same with July/August when a lot of people buy currency for holidays abroad, do these thing affect the market positively or negatively?
I’m sure there might be some effect but I don’t think it’s enough to really put a dent in the market. However, certain months do tend to be dollar positive/negative. Check out Pip Diddy’s most recent blog post about the Dollar movements in December and January.
http://www.babypips.com/blogs/chart-art/new_year_rally_for_dollar.html
Happy Trading!