Long bets cut on Asian FX on dollar resilience; Ringgit bears on the prowl

Capt. John

Long positions on most Asian currencies were scaled back, a Reuters poll showed, as investors contended with unexpected resilience in the U.S. dollar at the start of the year, though long-term expectations of a weaker dollar remained unchanged. Bullish bets on the South Korean won and Singapore dollar were trimmed the most and were at …

The post Long bets cut on Asian FX on dollar resilience; Ringgit bears on the prowl first appeared on Hellenic Shipping News Worldwide.

Author: Capt. John

https://www.hellenicshippingnews.com/long-bets-cut-on-asian-fx-on-dollar-resilience-ringgit-bears-on-the-prowl/

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