Citi forecasting a 50bp rate cut from the Federal Open Market Committee in July.

Author: Eamonn Sheridan | Category: Central Banks

Citigroup strategist citing the dovish comments from Williams and Clarida

  • "so close to the blackout period that emphasized the case for early action"
  • Says it supports a tactical bearish view on the USD and tips the scales to a 50bp cut
  • Citi thus like short USD against CAD, AUD and NOK
The USD has already had a huge plunge Thursday, so yeah. 
Time to get on 
or off?

Citigroup strategist bearish US dollar

By continuing to browse our site you agree to our use of cookies, revised Privacy Notice and Terms of Service. More information about cookiesClose