In a note released on Tuesday Citi noted......>

FOREX: In a note released on Tuesday Citi noted that "as USD continues to grind

higher over the past few days, a key driver of EURUSD weakness could be the

continued EUR selling from Real Money investors as they price in further

geopolitical risk. This selling pushes the 4-week flow deeper into negative

territory after switching to sub-zero two weeks ago. Despite some potentially

profit-seeking buying from leveraged investors, their overall net EUR 4-week

flow also points to net selling. On the greenback, real money continues to be

buyers while leveraged investors, though net buyers maintain a more neutral

4-week position."