ECB Meeting and seasonal EURUSD strength

Published 1 month ago at 15 Dec 2022

One of the benefits with Seasonax is that you can quickly discover seasonal patterns in currencies with just a few clicks when big market moving events are ahead.  
 
Today the ECB meet during the London session and a positive surprise from the ECB could potentially shift the EUR higher. However, the best chance of EUR upside would likely come from a Russian/Ukraine peace agreement. Although the main point is that there is a bias towards EURUSD strength from a seasonal perspective. So, if that seasonal bias is matched by a fundamental bis that could result in EURUSD gains into the year end. 
 
Over the last 22 years the EURUSD has risen 15 times and lost value 7 times between Dec 18 and Dec 30. So, if there are fundamental reasons for EURUSD strength coming up it is worth remembering this seasonal pattern.  
 
Major Trade Risks: 
The biggest risk here is if there are reasons for USD strength and EUR weakness into year-end that can contradict this seasonal pattern.  
 
 
Don’t just trade it, but Seasonax it 


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