December is easily the best month for EUR/USD

Ready for a Euro-cember? December has been the best month for the euro, on average, over the past 10 years. Warning: the numbers are skewed by a whopping 10% gain in Dec 2008 and in the past four years, EUR/USD has experienced 4.5% and 3.6% monthly declines so, if anything, volatility is more of a trend than gains.

December is also the best month for EUR/JPY with an average gain of 1.5%.

euro seasonals Dec 2

EUR/USD seasonals – January on left, Dec on right