Summer in the forex market is not a vacation - it is a trap. For traders watching exotic pairs like USDTRY, USDZAR, and USDMXN, July brings

Summer in the forex market is not a vacation - it is a trap. For traders watching exotic pairs like USDTRY, USDZAR, and USDMXN, July brings thinner liquidity, wider spreads, and sudden gaps that can trigger stop hunts or margin calls before you finish your morning coffee. The old saying 'sell in May' does not quite apply, but 'stay cautious through August' absolutely does.When volume drops, price action becomes less efficient. What would normally be a 20-pip reaction to a ECB speech can become 60 pips because fewer participants are standing between the bid and ask. This means your usual...