Reuters survey: Weakening US dollar makes investors slightly more bullish on some Asian currencies

Odaily Planet Daily News: A Reuters survey of analysts shows that bullish bets on some emerging Asian currencies have risen due to continued pressure on the US dollar, but bearish positions on the Indonesian rupiah have increased. A survey of eight analysts showed that traders have become optimistic about the Singapore dollar, Thai baht, and Indian rupee, and have increased their long positions in the Philippine peso to the highest level since early October. The 'silver lining' for all Asian currencies is that the US dollar itself is facing challenges, "wrote an analyst at HSBC Holdings." The low level of the US dollar index helps to curb the upward risk of the US dollar against Asian currencies