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Apr 08 - 10:55 AM

EUR/USD: Relatively Cheap Here But Stay Patient For Now - Citi

By eFXdata  —  Apr 08 - 09:30 AM

Citi summarizes its near-term tactical bias on EUR/USD.

"CitiFX sees EUR as relatively cheap in FX terms, though remains patient before adding EURUSD topside as sees the potential for French presidential election to push related risk premiums up further," Citi notess.

"While risks additional sanctions drive another round of energy price increases also remain a concern," Citi adds. 

Citi Research/Market Commentary


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