Short positions on most Asian currencies eased, as rising expectations of at least two rate cuts by the U.S. Federal Reserve this year and an easing dollar boosted risk sentiment, a Reuters poll found on Thursday.
Bearish bets on the Singapore dollar and the Thai baht were at the lowest since early January, while those on the Indonesian rupiah eased to their lowest level since mid-March, according to a fortnightly poll of 11 analysts.
Source: REUTER
