Investors raised short bets on most Asian emerging currencies, a fortnightly Reuters poll found, as a slew of factors including U.S. rate-hike expectations, rising inflation, and signs of slowing global economic growth boosted the dollar.
Long positions on the Singapore dollar, Taiwan’s dollar, and the Indian rupee were reversed, while bearish views on the South Korean won hit a two-year peak, the poll of 12 respondents showed.
