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Forex Seasonality in the Swiss Franc

Wednesday, 03 September 2008 16:01:50 GMT

Written by David Rodriguez, Quantitative Analyst

Forex seasonality in the Swiss Franc shows that the USDCHF currency pair has fallen an average of  over 200 pips in the past 9 months of September. A study of those years shows that the USDCHF actually lost in 7 of 9 months, or nearly 80 percent of the time. We believe that risks remain weighed to the downside for the Swiss Franc through the month of September, especially as our forex fundamental and technical forecasts for the USDCHF predict monthly declines.

Forex Seasonality in the Swiss Franc

Forex_Seasonality_2008-09-03_1

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