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USD softness into year-end Don't miss the latest Seasonal Ins | Forex Trading Experts 📊 HYCM

USD softness into year-end

Don't miss the latest Seasonal Insights on #DXY with the Chief Market Analyst Kevin Murph

Another really notable trend around this time of the year is USD weakness. This is due to some taxation reasons that regularly see USD flows out of parent US companies into daughter companies around the year-end. So, the USD does tend to be very weak heading into the year-end.

Over the last 25 years, the dollar index has fallen 20 times between Dec 21 and Dec 31. The largest fall has been -2.46% in 2000. The percentage of winning sell trades has been 80%. Will the USD show weakness again this year?

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