Investors’ sentiment on the Asian currencies improved to multi-year highs amid expectations that a vaccine-driven economic recovery in 2021 could likely fuel a surge in exports and capital inflows, the latest Reuters poll of analysts and fund managers showed on Thursday. Key findings “Long positions on the Chinese yuan, seen as the anchor for other currencies in the region due to strong trade ties, stood at their highest level since January 2014.” “Bullish bets on the South Korean won were near an eight-year high, while those on the Taiwan dollar jumped to their highest since early October 2009. Long views on the Singapore dollar hovered near a three-year high.” “Long bets on the Thai currency rose to their highest since January but were at relatively lower levels compared to other export-sensitive currencies, as political tensions and growing central bank discomfort over the baht’s appreciation weighed.” USD/INR Price News: Indian rupee buyers look to yearly support line during fourth weekly drop 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 UK GDP meets estimates with 0.4% in October, GBP/USD unfazed FX Street 2 years Investors’ sentiment on the Asian currencies improved to multi-year highs amid expectations that a vaccine-driven economic recovery in 2021 could likely fuel a surge in exports and capital inflows, the latest Reuters poll of analysts and fund managers showed on Thursday. Key findings “Long positions on the Chinese yuan, seen as the anchor for other currencies in the region due to strong trade ties, stood at their highest level since January 2014.” “Bullish bets on the South Korean won were near an eight-year high, while those on the Taiwan dollar jumped to their highest since early October 2009. Long views… 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.
