The team at ANZ examined seasonal patterns and has noted that the Australian dollar has the best performance against the USD during the month of October. Here is their analysis: Here is their view, courtesy of eFXnews: “Among the G10 currencies, the AUD has the best historical performance against the USD during the month of October. It has appreciated in 11 out of the last 15 years during the month, with an average percent spot gain of 0.9%. The median spot gain is higher at 1.9%. This is because the average spot returns were dragged lower by the 15.7% drop in the AUD/USD in October 2008, when the global financial crisis was in full swing. If we exclude that year, then the average spot gain is an impressive 2.1%. None of the other G10 currencies, nor any of the Asian currencies, have shown any strong historical trends during October.” For lots more FX trades from major banks, sign up to eFXplus By signing up to eFXplus via the link above, you are directly supporting Forex Crunch. Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam AUD/USD Daily Outlooks share Read Next GBPUSD Looks To Overcome Key Support FX Tech Strategy 7 years The team at ANZ examined seasonal patterns and has noted that the Australian dollar has the best performance against the USD during the month of October. Here is their analysis: Here is their view, courtesy of eFXnews: "Among the G10 currencies, the AUD has the best historical performance against the USD during the month of October. It has appreciated in 11 out of the last 15 years during the month, with an average percent spot gain of 0.9%. The median spot gain is higher at 1.9%. This is because the average spot returns were dragged lower by the 15.7% drop… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
