September in history is really terrible. Whether it is the US stock market, gold or the currency market, it is the worst month of the year. It has always been known as the September effect and the September curse.

In the 10 years from 2013 to 2023 in the currency market, only 2015, 2016 and 2023 saw a slight increase in September. The Septembers of the other seven years were all plummeting.

As for why the market is bad in September, there is no scientific explanation. Many experts believe that it is caused by the election season. Others believe that September is the start of the school season, and parents start to sell goods in exchange for tuition fees, or after the summer consumption boom, consumption and investment have returned to rationality. Many investors choose you to take profits at this time, etc. As for which one is right, it is difficult for us to distinguish now. In short, you should be careful in September.