Last year, we published an article about how the U.S. dollar has a tendency to rise during the month of January. Since the seasonality effect held in 2007 (last January the U.S. dollar appreciated 1.27 percent against the euro) we thought that it is important to remind our readers about this price pattern going into 2008. Seasonal trends do form in the FX market, but unfortunately, this type of study is largely overlooked by currency traders But whether you are a short or long term trader, there are many different ways to incorporate seasonality into your trading.
What do you think will happen to the EUR/USD? Join the discussion and voice your opinion on the [I]DailyFX Forum.[/I]
