Asia FX bears ease on hopes of less hawkish Fed, China reopening – Reuters poll – by anilpanchal7 Asia SentimentPoll RiskAppetite China Fed
would benefit from China easing its COVID-19 restrictions and that the Federal Reserve would temper its rate hikes, a Reuters poll showed on Thursday.Bearish positions in China's Yuan and Thailand's Baht were at their lowest since April, while market participants turned marginally bullish on the Singapore Dollar, a fortnightly poll of 11 analysts showed.
Short bets on the South Korean Won, which typically responds sharply to the greenback's moves, were also at their lowest level since July 2021. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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