SEKEUR - Swedish Krona/Euro FX Forex Price -

Forex in August: market getting ahead of itself?

Forex in August: market getting ahead of itself?

Fundamental forecast for Forex currencies for August

Selling the U.S. dollar as a safe-haven asset may have gone too far

To say that July was successful for fans of statistical analysis with a fundamental perspective is an understatement! Selling USD/NOK and USD/SEK has increased the deposit by a total of 10.1%, buying Australian and Canadian dollars against the American dollar has increased it by 4.5%. The Norwegian krone managed to simply hold out against the hugely popular euro, while the Swedish krona gained 1.5% against it. Indeed, Vikings are on the warpath! It will be all the more interesting to observe the influence of the seasonal factor on the exchange rates in Forex at the end of the summer.
The Japanese yen and the Swiss franc usually feel the best in August, strengthening in 26 and 25 cases respectively out of 45. The clear outsiders were the Australian and New Zealand dollars, as well as the British pound, which finished two last months of the summer in 1975-2019 in the red zone.
Rise-and-fall periods

Source: BoE, calculation by LiteForex.
For more information follow the link to the website of the LiteForex
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EUR/USD Technical Analysis for January 23, 2020 by FXEmpire EUR/USD and GBP/USD Forecast January 24, 2020 Swedbank on EUR/USD, EUR/SEK & EUR/GBP Weekly Forex Forecast for EUR/USD  Short Term Trading  26 - 31 January 2020 Euro exchange rates 30.11.2018 ...  Currencies and banking topics #28 EUR NOK forex pair Analysis 2020 ❤️

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EUR/USD Technical Analysis for January 23, 2020 by FXEmpire

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