Here are the currencies and commodities that do well or poorly in April, historically. Statistics include how often the prices rise or fall, and by how much, on average.
Forex Seasonality For April
The US Dollar Index (DX) has fallen in 14 of the last 20 years (70%), dropping an average of 0.8% in April.
The PowerShares US Dollar Index Bearish Fund (UDN) has rallied in April 9 of the last 11 years (82%), with an average gain of 1.3%.
The GBPUSD has risen in 16 of the last 20 years (80%), rising on average 1.4% in April.
The CurrencyShares British Pound Trust (FXB) has rallied in April 11 of the last 11 years (100%), with an average gain of 2.1%.
The AUDUSD has risen in 14 of the last 20 years (70%), rising on average 1.5% in April.
The CurrencyShares Australian Dollar Trust (FXA) has rallied in April 8 of the last 11 years (73%), with an average gain of 1.9%.
The USDCAD has fallen in 14 of the last 20 years (70%), dropping on average -1.2% in April.
The CurrencyShares Canadain Dollar Trust (FXC) has rallied in April 9 of the last 11 years (82%), with an average gain of 2%.
The NZDUSD has risen in 15 of the last 20 years (75%), rising on average 1.1% in April.
Commodity Seasonality For April
Light Crude (CL) only rallied in April 60% of the time over the last 20 years, which isn’t all that significant. But when it does move higher in April, it has produced some big gains. The average gain in April over the last 20 years is 3.3%.
United States Oil Fund (USO) has moved up in 7 of the last 12 years (58%), averaging 4.1%.
Natural Gas (NG) rallied in April 70% of the time over the last 20 years. The average gain in April is 2.3%.
United States Natural Gas Fund (UNG) has moved up in 8 of the last 11 years (73%), averaging 2.4%.
Gold (GC) rallied in April 70% of the time over the last 20 years. The average gain in April is 0.7%.
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