Investors hold positions on Asian units ahead of high-level trade talks: Reuters poll

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Investors held onto their positions on Asian currencies in the past two weeks, a...

BENGALURU - Investors held onto their positions on Asian currencies in the past two weeks, a Reuters poll showed, due to uncertainty over the outcome of renewed Sino-U.S. trade negotiations.

Two weeks ago, investors eased short positions on currencies of trade-reliant Asian economies on hopes of a trade deal. However, those expectations largely faded earlier this week as tensions ramped up ahead of high-level talks that begin on Thursday.

 

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