Citi Turns Negative on Dollar Amid Fed Outlook and US Debt Buybacks

Citigroup Inc. currency strategists have adopted a bearish near-term outlook on the US dollar, citing expectations of a less hawkish Federal Reserve, upcoming midterm elections, and increased US Treasury debt buybacks.

20 Aug, 16:48 — 20 Aug, 16:48

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bloombergHigh4d ago

Citi Turns Negative on Dollar After Warning on US Buyback Risk

Currency strategists at Citigroup Inc. turned bearish on the US dollar in the near term, as markets gear up for a less hawkish Federal Reserve, midterm elections and more debt buybacks from the US Treasury.

By Cameron Fozi

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Citi Turns Negative on Dollar Amid Fed Outlook and US Debt Buybacks

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Citi Turns Negative on Dollar After Warning on US Buyback Risk

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