Market bearish on S-E Asian currencies, bullish on yuan: poll


SENTIMENT towards most South-east Asian currencies deteriorated at the end of 2013, with bearish bets on the Thai baht at a near two-year high as political tensions intensified, a Reuters poll showed yesterday.

Confidence in North-east Asian currencies improved, however, with long positions in the Chinese yuan the largest since May.

Short positions in the baht rose to the largest level since February 2012, when Reuters began including the Thai currency in the emerging Asian currency positioning...

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