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  1. Can the 2014 World Cup Affect the Forex Market?

    by , 06-18-2014 at 02:14 AM
    Quote Originally Posted by ArticleMan View Post
    Could the 2014 FIFA World Cup opening in Brazil this week affect the global Forex market? It might seem a crazy idea on a par with traders using moon cycles to try to forecast market movements, but don’t dismiss the idea out of hand.

    A recent study by Goldman Sachs has concluded that the stock index of the winning country has on average outperformed global equity indices by 3.5% during the first month after the final, before underperforming the same measure by 4% over the following
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