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Aug 10 - 10:55 AM

USD: Exiting Short Exposure And Watching From The Sideline - Citi

By eFXdata  —  Aug 10 - 09:30 AM
Citi discusses the USD outlook in light of exiting its long NZD/USD exposure.
 
“While our bias is not at this point for this picture to continue for a sustained period, it does feel at the margin like we may be in for a thin August “risk off” environment near term and feel more comfortable for now in exiting out of our last short USD exposure and “watching from the sidelines” for a while until the picture clarifies.” Citi notes. 
 
 
Source:
Citi Research/Market Commentary

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