yearend seasonality of EUR/USD

Updating a Note Posted in December 2015 on Yearend Seasonality of EUR/USD

December 13, 2017

In the early years after the United States adopted flexible dollar exchange rates in March 1973, the U.S. currency an astonishingly consistent pattern of depreciation against the mark during the second half of each December, dropping in thirteen out of fourteen years in one stretch. Like the euro now, theĀ  mark was then Europe’s predominant […] More