Category: Citi FX strategists

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FX Strategists From Citi Say Euro Could Sink to $0.86 if Macro Turmoil Continues

FX Strategists From Citi Say Euro Could Sink to $0.86 if Macro Turmoil ContinuesWhile the euro has found support between 0.96 to 0.97 nominal U.S. dollars per unit, foreign exchange (FX) strategists from Citi believe the euro could tap a low of around $0.86 against the greenback. While the dollar slumped on October 13, the fiat currency is rising again and market strategists from Citi argue that the […]

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