Short bets on all the Asian currents returned for the first time since April last year, the latest Reuters poll of analysts and fund managers showed on Thursday. Key findings “For the first time since April 2020, when markets were grappling with global shutdowns and uncertainty, investors turned short on all nine Asian currencies.” “Bets on the yuan, which had been relatively more bullish as China emerged from the pandemic first and was the only major economy to see growth in 2020, turned short for the first time since last June.” “Even positions on Taiwan’s dollar and India’s rupee turned short for the first time since May and June, respectively.” “Bearish bets on the Philippine peso and Thai baht were raised and stood at their highest since April.” 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 USD/JPY refreshes weekly tops, bulls await a move beyond 109.00 mark FX Street 8 months Short bets on all the Asian currents returned for the first time since April last year, the latest Reuters poll of analysts and fund managers showed on Thursday. Key findings "For the first time since April 2020, when markets were grappling with global shutdowns and uncertainty, investors turned short on all nine Asian currencies." "Bets on the yuan, which had been relatively more bullish as China emerged from the pandemic first and was the only major economy to see growth in 2020, turned short for the first time since last June." "Even positions on Taiwan's dollar and India's rupee turned… Top 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.
