Intraday Market Thoughts
80% Track Record of January Effect in Currencies
by
Feb 10, 2014 16:12
Does a currency's January performance serve as a reliable predictor for the rest of the year? According to our 20-year data (from 1994 to 2013), the best and worst performing currencies in January have generally replicated their performances for the rest of the year. In 16 of the last 20 years the pattern was notable. Click here for full analysis.
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