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Asian FX bulls return as dollar slips; short bets on Indian rupee spike

Intellasia East Asia News

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 of 13 respondents found. Bearish […]

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