According to the latest Reuters poll, investors turned bearish on most Asian currencies in a fortnight amid concerns over the economic impact of China coronavirus outbreak. Key Findings: “Prospects soured for the Thai baht, Asia’s worst performing currency this year, as the fast-spreading virus weighs on the struggling economy that is heavily reliant on Chinese tourism and trade. Rebounding into bear territory, short positions in the Chinese yuan and the South Korean won were at their highest since mid-October 2019. Bearish positions in the Singapore dollar outpaced that of its peers, with short bets on the currency climbing to their highest in more than five months.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next ECB’s De Guindos: Monetary policy accommodation continues to support lending volumes FX Street 2 years According to the latest Reuters poll, investors turned bearish on most Asian currencies in a fortnight amid concerns over the economic impact of China coronavirus outbreak. Key Findings: “Prospects soured for the Thai baht, Asia's worst performing currency this year, as the fast-spreading virus weighs on the struggling economy that is heavily reliant on Chinese tourism and trade. Rebounding into bear territory, short positions in the Chinese yuan and the South Korean won were at their highest since mid-October 2019. Bearish positions in the Singapore dollar outpaced that of its peers, with short bets on the currency climbing to their highest in more… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
