EUR/USD Eyes Three Straight Months of Gains Amidst Volatility

Historically, September has been a strong month for EUR/USD, with an average return of +0.6% over the last 50+ years. In fact, it's only surpassed by October in terms of performance.

Last month, EUR/USD bucked its seasonal weakness to rise 0.7%, and with potential interest rate hikes from both the ECB and Fed on the horizon, significant volatility is expected this month.

The pair is likely to see a mixed bag of results this September, with some analysts predicting further gains while others anticipate a pullback.