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Bulls advance on most Asian currencies as trade talks brew optimism: Reuters poll

Reuters 

By Ambar Warrick(Reuters) - Bullish positions on most Asian currencies strengthened over the past few weeks, a Reuters poll showed, reflecting newfound optimism that the United States and China would settle their long-drawn trade spat.Long bets on the Chinese yuan, Singapore dollar, Indonesian rupiah and the Thai baht rose substantially, a poll of 12 respondents showed. With high level trade talks between Beijing and Washington kicking off this week, markets were hoping for a leeway before the March 1 deadline, when U.S. tariffs on $200 billion worth of imports from China are scheduled to ...

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First Published: Thu, February 14 2019. 12:24 IST
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