yearend seasonality of EUR/USD
Movements of EUR/USD Around Yearend 2023
January 15, 2024
Movements in the dollar in late December and early January have traced a pattern that has been repeated many times. This tendency pertains to the dollar’s value against Europe’s most influential currency, which was the Deutsche mark from when the dollar first floated in 1973 through 1998 and thereafter has been in the relationship against […] More
Dollar Frequently Softens in the Last Two Weeks of December
December 17, 2023
The most widely followed bilateral relationship in the first quarter century of the era of flexible dollar exchange rates was that against Germany’s Deutsche mark. After 1998 the euro assumed the role of dollar performance bellwether when eleven European countries adopted the euro. That group claiming the euro as their money has subsequently expanded to […] More
Updating a Note Posted in December 2015 on Yearend Seasonality of the Dollar
December 16, 2019
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, the mark was then Europe’s predominant […] More
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, the mark was then Europe’s predominant […] More
