Short bet – Rayrice Forex News

Asian forex bears are coming off multi-year highs as short bets on the Thai baht are rising sharply

BANGKOK, July 15 (Reuters) – Bets on all Asian currencies firmed at fresh multi-year highs, as sky-high inflation dampened sentiment on fears of a slowdown in sharply rising interest rates, a Reuters poll showed. Short positions in the Thai baht, Philippine peso and Singapore dollar were at their highest level since 2018, when the data … Read more