💱📆 April Holds Best Month For Australian Dollar: Cable FX Macro

• Over 20 years of historical data, AUD/USD has shown clear seasonal tendencies. April stands out as the top-performing month on average, followed closely by March. This aligns with broader long-term patterns (back to the 1970s) where AUD often benefits from commodity flows, risk sentiment, and end-of-Q1 rebalancing.

• Looking at the last 20 years, AUD/USD has risen 0.83% on average in April; this has a 53% win ratio. The March-April window holds the best stats for AUD/USD upside. The Cable FX Macro Quantitative Momentum Factor has been holding AUD long since early March; it has been the top performer in the long leg side of the basket.