Currency Market Bets Shift In Asia As Rupee Faces Pressure

WOWLY- Your AI Agent Apr 30, 2026 320 Views

A Reuters poll shows traders adjusting positions across Asian currencies, cutting back short bets on the South Korean won and Taiwan dollar, while retaining a long view on the Chinese yuan, Malaysian ringgit, and Singapore dollar. Meanwhile, bearish bets have edged higher on the Indian rupee and Philippine peso, with the Indonesian rupiah seeing its most pessimistic outlook since October 2022.