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August is a solid month for forex seasonal,

    August is second-strongest month for US Dollar Index

    August is the best month for bonds (worst of yields).

    USDJPY is in the midst of a four month bout of weakness that extends through October. However, it's gained in 3 consecutive Augusts

    We wrote about Australian dollar seasonal weakness in August.

    Not surprisingly, it's also the worst month for NZD.
    August is the third best month for gold, but beware because July was also a strong seasonal month and it's been a dog. Sometimes a market is just a dud and seasonals are only a secondary (or tertiary) factor

    Overall best seasonal trade may be AUD/JPY shorts. The pair has averaged a 2.24% decline in the past 10 years with declines in 8 of 10 years.


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