Citigroup Research: Hawkish central bank policies continue to pressure the foreign exchange market, Bitcoin welcomes a return

According to the Citi Research podcast, Citi's Global Macro Strategy Head Dirk Willer and the Head of Quantitative Global Macro and Asset Allocation Team Alex Saunders engaged in an in-depth discussion about recent market dynamics. The two strategists pointed out that most central banks currently maintain a hawkish stance, but the Bank of Japan unexpectedly released dovish signals, which have a key impact on the USDJPY trend.

Meanwhile, Bitcoin has shown a significant rebound recently, which may indicate a new round of changes in digital asset investment strategies in 2026, as institutional investors' interest in the crypto market continues to rise.