Currency Demand at Christmas

My dissertation looked at currency demand at Christmas. Here’s what I discovered: Between December and January of each year real currency demand falls. The Fed accommodates that drop by decreasing the supply of currency by a roughly equal amount. Hence prices change very little between December and January The seasonal decline in percentage terms was [...] View the full post at: Currency Demand at Christmas Related posts: Where is the U.S. Currency? Will the Yen Steal Christmas? A Look At the Seasonal Pattern Gold Demand Shrinks 34% in the Third Quarter, Council Says