Citigroup Facing $7 Billion Currency Hit on Dollar, Peabody Says

Discussion in 'Wall St. News' started by Optionpro007, Jun 11, 2013.

  1. $7 billion is a decent hit to Citigroup if this comes true. However, from the article it says that last time he projected $3-$5 billion and they had a $1.6 billion loss instead. So we’ll see… Could be time to think about going short on C.
  2. don't you love traders? lol
    Possible bad news and the vautours are circling.
    I will join in. :D