BENGALURU: Investors stacked up bullish bets on most Asian currencies, a fortnightly Reuters poll found on Thursday, as worries the Covid-19 coronavirus pandemic is hobbling a nascent recovery in the U.S. economy clouded the dollar's outlook.
Climbing infection rates, a stalled coronavirus relief bill, weak jobs data and escalating tensions with China have driven investors out of the traditional security of the dollar, with the greenback posting its biggest monthly drop in a decade in July.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!