Investors have spent much of this year dumping the dollar, but strategists at Citigroup are now calling a temporary time-out on that greenback hating. Having been bearish on the dollar a Citi team led by Dirk Willer made a tactical argument for switching to neutral in the short-term,

A healthy crop of earnings helped European stocks bust out of a four-day losing streak on Thursday, Wall Street was watching Netflix and the dollar bounced after U.S. President Donald Trump quashed talk he was about to fire Fed head Jerome Powell.

President Donald Trump sent the U.S. stock market on a jagged round trip Wednesday after saying he had “talked about the concept of firing” the head of the Federal Reserve.