Asian FX bulls return as dollar slips; short bets on Indian rupee spike
By Tarikul in Business
Updated 3 years ago
Investors turned bullish on most Asian currencies, a Reuters poll found, as easing bets of a sooner-than-expected hike in U.S. interest rates drove down U.S. Treasury yields and curbed the dollar's interest rate advantage. Sentiment towards currencies of export-focused nations with lower COVID-19 cases improved the most, the fortnightly poll...