# Citi FX Traders Favor Carry Trade But Warn Against Set-and-Forget Strategy

> Citi's US FX head Fuad Muvdi said carry trades in the Colombian peso, Brazilian real and Argentine peso still work, but returns are unlikely to match recent years. Barclays and Citi both warned that rising volatility and narrowing yield gaps could erode profits. They also flagged the risk of sudden currency shifts.

- Date: 2026-11-02 · published 2026-11-02T21:13:22.731Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/75959-citi-fx-traders-favor-carry-trade-but-warn-against-set-and-forget-strategy
- Commodities: [Colombian Peso (COP per USD)](https://feedsoft.ai/c/USDCOP.md)

## Why it matters

This is a financial-market view on emerging-market currency strategy with no direct supply or demand effect on feed commodities. Any price impact is indirect at most.

## Sources

- ainvest.com: https://www.ainvest.com/news/citi-fx-traders-favor-carry-trade-warn-set-forget-strategy-2611/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.