Free Trial

### POV - AUGUST USD TREND CONTINUES..........>

FOREX
FOREX: ### POV - AUGUST USD TREND CONTINUES
Despite a modest pick-up in G10 currency pairs over the past week, seasonal
August dollar strength continues ahead of next week's month-end. (See POV's -
August Seasonal Trends Aug 10 0951BST, USD Seasonals Aug 24 0824BST).
- NZDUSD lower 9 of the last 11 years, currently -2.16%
- AUDUSD lower 12 of the last 15 years, currently -1.78%
- USDCAD higher 8 of the last 10 years, currently +0.28%
- GBPUSD lower 9 of the last 11 years, currently -1.94%
- USDCHF higher 7 of the last 11 years, turned in the last week, currently
-0.66%
- USDJPY higher 4 of the last 6 years, bucks the trend and is currently -0.89%
on the month.
- DXY is on course to register its 5th straight month of gains, currently
+0.89%.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.