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Asian FX bears hold ground as robust dollar, China woes dent confidence: Reuters poll

Short bets on most Asian currencies eased marginally but remained firmly in the bearish territory, a Reuters poll found on Thursday, as diminishing hopes of an early U.S. interest rate cut kept the dollar buoyant and market volatility in regional powerhouse China dampened investor confidence. Bearish bets on the South Korean won, Indonesian rupiah and the Taiwan dollar ticked lower, while those on the Chinese yuan and Singapore dollar edged higher, according to a fortnightly poll of 10 responden...
United States South Korea South Korean Wei Liang Chang Aris Dacanay Eileen Soreng
Source: yahoo.com

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