Analysts at Citigroup claim that during the last several weeks investors’ trading strategies were determined by the positive risk sentiment. However, it’s time to finish such trade now, say the specialists.

According to Citigroup, the market has already priced in all possible encouraging news. The bank underlines that when the majority of players come to the single view, it should be regarded as a warning signal meaning that the situation may change in the unfavorable way quite quickly.

Such factors as the nuclear danger in Japan and Portugal’s applying for a bailout deteriorate the market’s attitude towards risk. The economists say that investors begin thinking that some currencies, like the Australian dollar, have surged too rapidly.

As a result, Citi recommend cutting longs on Canadian dollar and Norwegian krone and reducing shorts on the greenback and Swiss franc.