Image Source: Pexels
The dollar index has a very interesting turn-of-the-year pattern. Heading into the year the dollar sees pronounced weakness from a seasonal perspective but in contrast, we see dollar strength to start the year from a seasonal perspective.This dollar dances around here and often results in the dollar falling into the new year before rising to start the year. With the first proper trading day seeing dollar strength to start the year – will we see more dollar strength in line with the seasonal pattern? Notice how the USD tends to gain at the start of the year with a 67% winning percentage. This is certainly one very strong seasonal pattern to watch each year around the start of the New Year! Don’t miss it!The major trade risk here is that previous seasonal patterns don’t necessarily repeat each and every year. Video Length: 00:01:19More By This Author:Platinum’s PushWill The JPY Find Dip Buyers Now?The FTSE’s Santa Rally
