EUR/USD Sees Steady Gains as Seasonal Trends Favor September

The EUR/USD has been showing steady gains in recent months and this trend could continue into September. Historically, September has been the second-strongest month for EUR/USD performance with an average return of +0.6% over the last 50+ years.

This is based on data from TradingView and StoneX, which show that the pair has consistently outperformed in September compared to other months. However, it's essential to remember that these seasonal tendencies are just historical averages and may not necessarily translate to future results.

In August, EUR/USD bucked its seasonal weakness to rise 0.7%, although it finished well off its intra-month highs. With potential interest rate hikes from both the ECB and (pending ) and data), the pair is likely to see significant volatility in September.