{"id":488282,"date":"2026-02-24T20:56:15","date_gmt":"2026-02-24T20:56:15","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/488282\/"},"modified":"2026-02-24T20:56:15","modified_gmt":"2026-02-24T20:56:15","slug":"citigroups-hedge-fund-clients-sold-the-dollar-around-supreme-court-tariff-ruling","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/488282\/","title":{"rendered":"Citigroup&#8217;s hedge fund clients sold the dollar around Supreme Court tariff ruling"},"content":{"rendered":"\n<p class=\"yf-vbsvxt\">LONDON, Feb 24 (Reuters) &#8211; Citigroup&#8217;s hedge fund clients sold the dollar around Friday&#8217;s U.S. \u200cSupreme Court ruling on President Donald \u200cTrump&#8217;s sweeping tariffs, according to a note from the U.S. \u200bbank shared with Reuters late on Monday.<\/p>\n<p class=\"yf-vbsvxt\">The dollar fell in volatile trading on Friday after the Supreme Court struck down the tariffs based \u200con a national \u2060emergency law.<\/p>\n<p class=\"yf-vbsvxt\">&#8220;Citi\u2019s hedge fund clients were net USD (dollar) sellers around and after \u2060the tariff ruling,&#8221; Kristjan Kasikov, global head of Citi FX Quant Investor Solutions, said in \u200bthe note, \u200badding the Australian dollar \u200bwas the most \u200cbought currency among major currency pairs.<\/p>\n<p class=\"yf-vbsvxt\">&#8220;Emerging markets currencies, particularly in Asia and Latin America also saw some inflows,&#8221; Kasikov added.<\/p>\n<p class=\"yf-vbsvxt\">Citi noted that, given that the Supreme Court ruling outcome had been \u200cexpected, the trading volumes \u200bit saw were broadly in \u200bline with past \u200btrading activity.<\/p>\n<p class=\"yf-vbsvxt\">The note added that even \u200cafter Friday&#8217;s dollar move, \u200bCiti&#8217;s currency \u200bpositioning indicator pointed to moderate long dollar positions, driven by hedge-fund and real-money client \u200bflows.<\/p>\n<p class=\"yf-vbsvxt\">A long position \u200cis a bet that an asset \u200bwill rise in value.<\/p>\n<p class=\"yf-vbsvxt\">(Reporting by Dhara Ranasinghe; \u200bEditing by Amanda Cooper)<\/p>\n","protected":false},"excerpt":{"rendered":"LONDON, Feb 24 (Reuters) &#8211; Citigroup&#8217;s hedge fund clients sold the dollar around Friday&#8217;s U.S. \u200cSupreme Court ruling&hellip;\n","protected":false},"author":2,"featured_media":488283,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[28,14737,101,116033,942,15304],"class_list":["post-488282","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-citigroup","tag-economy","tag-hedge-fund","tag-president-donald-trump","tag-supreme-court"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/488282","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=488282"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/488282\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/488283"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=488282"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=488282"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=488282"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}