Good news for US Stocks, Commodity Currencies

July FX Stock Market Report:

  • of the seventh month of the year Usually see small losses for the US currency.
  • These days, stock funds have done well in July, with good 5 -year averages for each of the AUD, CAD, and NZD.
  • July is a good month for American stocks and gold prices.

The start of the month will ensure a review of the seasonal systems that have revolutionized the forex markets over the years. Because July, Our view on the 5-year and 10-year prospects is that both will fully capture trading during the major bank closures from the 2008/2009 Global Financial Crisis. , and a weak attempt to pull the trigger – no. Different from the environment in which we find ourselves during the course of coronavirus infection.

As has been the case for the past four months, atypical conditions consistently reduce the usefulness of using seasonality as a price point. Global economic markets are continuing as Russia continues its invasion of Ukraine, as global chains are being tightened amid the development of zero COVID. Unfortunately, plans based on seasonality factors are downplayed in terms of their reliability or performance.

Forex Opinion Summary – July 2022

Forex Seasonality Month - July 2022: Good News for US Stocks, Commodity Currencies

Forex Seasonality in Euro (or EUR/USD)

Forex Seasonality Month - July 2022: Good News for US Stocks, Commodity Currencies

It’s July a treasurer month for EUR/USD, from a seasonal perspective. Over the past 5 years, it has been the second best month of the year for the double, with earnings of +1.21%. Over the past 10 years, it has been the fourth best month of the year, with an average earnings of +0.24%.

Forex Trading in British Pounds (via GBP/USD)

Forex Seasonality Month - July 2022: Good News for US Stocks, Commodity Currencies

It’s July a treasurer month no GBP/USD, from a seasonal perspective. Over the past 5 years, it has been the fifth best month of the year for the second time, with an average earnings rate of +0.53%. Over the past 10 years, it has been the sixth best month of the year, with no average change.

Forex Trading in Japanese Yen (via USD/JPY)

Forex Seasonality Month - July 2022: Good News for US Stocks, Commodity Currencies

It’s Julya low moon for USD/JPYfrom a seasonal perspective. Over the past 5 years, it has been the third worst month of the year for the second time, with an average loss of -0.65%. In the last 10 years, it has been the third worst month of the year, with an average loss of -0.51%.

Forex Seasonality with Australian Dollar (or AUD/USD)

Forex Seasonality Month - July 2022: Good News for US Stocks, Commodity Currencies

It’s July a treasurer month no AUD/USD, from a seasonal perspective. Over the past 5 years, it has been the fourth best month of the year for the second time, with an average earnings rate of +0.65%. Over the past 10 years, it has been the sixth best month of the year, with an average loss of -0.05%.

Forex Seasonality in New Zealand Dollar (or NZD/USD)

Forex Seasonality Month - July 2022: Good News for US Stocks, Commodity Currencies

It’s Julyit’s a mess month no NZD/USD, from a seasonal perspective. Over the past 5 years, it has been the fourth best month of the year for the second time, with an average earnings of +0.68%. Over the past 10 years, it has been the fourth best month of the year, with an average earnings of +0.29%.

Forex trading in Canadian currency (via USD/CAD)

Forex Seasonality Month - July 2022: Good News for US Stocks, Commodity Currencies

It’s July a low month no USD/CADfrom a seasonal perspective. Over the past 5 years, it has been the third worst month of the year for the second time, with an average loss of -0.91%. In the last 10 years, it has been the third worst month of the year, with an average loss of -0.04%.

Forex currency in Swiss Franc (in USD/CHF)

Forex Seasonality Month - July 2022: Good News for US Stocks, Commodity Currencies

It’s July a confused month no USD/CHFfrom a seasonal perspective. Over the past 5 years, it has been the fifth worst month of the year for the second time, with an average loss of -0.59%. In the last 10 years, it has been the sixth worst month of the year, with an average earnings of +0.31%.

Forex Seasonality and US S&P 500

Forex Seasonality Month - July 2022: Good News for US Stocks, Commodity Currencies

It’s Julya very bullish month for the US S&P 500from a seasonal perspective. Over the past 5 years, it has been the third best month of the year for the index, with an average revenue of +2.93%. Over the past 10 years, it has been the third best month of the year, with an average earnings of +2.49%.

Forex Seasonality to Gold (via XAU/USD)

Forex Seasonality Month - July 2022: Good News for US Stocks, Commodity Currencies

It’s July a treasurer month no sugar (XAU/USD)from a seasonal perspective. Over the past 5 years, it has been the third best month of the year for the precious metal, with an average yield of +2.74%. Over the past 10 years, it has been the third best month of the year, with an average earnings of +1.44%.

— Written by Christopher Vecchio, CFA, Senior Strategistt

Leave a Comment

%d bloggers like this: