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Aug 23 - 02:55 PM

USD: Investors Should Stay Long USD Or At A Minimum Being Flat - Citi

By eFXdata  —  Aug 23 - 01:30 PM

Citi maintains a bullish bias on the USD over the coming months.

"CitiFX says it has become even clearer that the specter of recession will not lead to pivots until the reality bears down on inflation," Citi notes.

"Looking at past Fed behaviors, it looks as though markets will get “spicy” again, and suggests investors should be short Fixed Income, long USD, at a minimum flat," Citi adds. 

Source:
Citi Research/Market Commentary

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