Free Trial

Citi Point Toward USD Sales Into November Month-end

FOREX

Citi's prelim month-end rebalancing model indicates an above average USD sell signal into Monday 30th November.

They write that this month's USD sell signal is almost entirely driven by foreigners' needs to hedge gains in US equities. The contribution to the USD sell signal from US fixed income hedges is only adding marginally this month, while US-based investors will to a lesser degree be USD buyers to hedge gains in their foreign assets.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.