FX Flows Weekly: USD inflows and EM outflows repeat for the third consecutive week

Research evidence excerpt

FX Flows Weekly: USD inflows and EM outflows repeat for the third consecutive week

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The proportion of all Citi Research research recommendations that were the equivalent to "Buy","Hold","Sell" at the end of each quarter over the prior 12

months (with the % of these that had received investment firm services from Citi in the prior 12 months shown in brackets) is as follows; Q1 2026 Buy

33%(63%), Hold 44% (52%), Sell 23% (46%), RV 0.5% (89%): Q4 2025 Buy 33% (63%), Hold 44% (50%), Sell 23% (46%), RV 0.4% (91%); Q3 2025 Buy

33% (61%), Hold 44% (52%), Sell 23% (50%), RV 0.4% (80%); Q2 2025 Buy 33%(63%), Hold 44% (51%), Sell 23% (49%), RV 0.4% (86%). For the purposes

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