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Forex

EUR/USD Seeks Third Straight Month of Gains in September

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EUR
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Historically, September has been a strong month for EUR/USD, with an average return of +0.6% over the last 50+ years.

Last month, EUR/USD bucked its seasonal weakness to rise 0.7%, but it finished well off its intra-month highs.

With potential interest rate hikes from both the ECB and Fed pending on NFP and CPI data, the pair is likely to see significant volatility in September.

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