fxpulsation
Posts : 8759 Join date : 2012-01-25
| Subject: July Tends to be a Strong Month for the Gbp Wed Jun 27, 2012 10:31 am | |
| July Tends to be a Strong Month for the Gbp Quotes from RBS: -Comparing the trade weighted indices; July tends to be a strong month for the GBP, followed by the CHF. In contrast, the commodity currencies - NZD, CAD and AUD - have a tendency to end the month on a negative note, though the average losses have been restricted to within 0.5%. -The biggest average loss in July has been from CAD/CHF at just shy of 1%. However, in 7 of the past 16 years, the CAD has strengthened against the CHF, lowering the confidence level. More FOREX-news on pages InstaForex.Com | |
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