Analyzing the Impact of US Rate Cuts on Asian FX Bears: Insights from Investors
Key Takeaways: π΅ Investors are increasing short positions on emerging Asian currencies π Bearish bets on the Indonesian rupiah and Thai baht have risen significantly πΊπΈ US dollar is strong due to uncertainties over Fed rate cut timeline πΉ Recent positive US manufacturing data supports USD buying bias π Speculation indicates potential rate hike by … Read more