Why the euro could be headed for dramatic new lows, the historical pattern would suggest a decline in the cross to $1.08… « Investment Watch Blog

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Why the euro could be headed for dramatic new lows, the historical pattern would suggest a decline in the cross to $1.08…


Peter Brandt entered the commodity trading business in 1976 with ContiCommodity Services, a division of Continental Grain Company. From his start in the commodity industry, Peter’s goal was to trade proprietary funds. But, he first needed to learn the business. More »

From Peter L. Brandt:

The January Forex Effect is one of the strongest seasonal tendencies in the commodity and forex markets.

If the January high is already in place in $EURUSD, the historical pattern would suggest a decline in the cross to $1.08…

The January Forex Effect, Jan. 8, 2012
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