Euro, Pound Predicted Buys for Month-End Hedging: Citigroup
Source: BFW (Bloomberg First Word)
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UUID: 7947283
(Bloomberg) -- Internal modeling at Citigroup predicts that EUR/USD and GBP/USD are the most likely pairs to be bought among major currencies for month-end hedge rebalancing, according to a note today.
Alert: HALISTER1- Quantitative analysts at Citigroup said on Tuesday the dollar’s sell signal for March is the strongest since October; see story here
- EUR/USD -0.18% to 1.1318; still rising 4.1% this month
- GBP/USD -0.27% to 1.4339; gains 3.0% this month
Source: BFW (Bloomberg First Word)
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UUID: 7947283