EUR/USD Sees Historical Strength in September Amid Interest Rate Hikes
The EUR/USD pair has historically been strong in September, posting an average return of +0.6% over the last 50+ years.
Last month, it bucked its seasonal weakness to rise 0.7%, but finished well off its intra-month highs.
With potential interest rate hikes from both the ECB and Fed pending NFP and CPI data, significant volatility is expected in September.