The Zhitong Finance App noticed that analysts have turned bearish on most Asian currencies, and their short bets on the Indian rupee are at a one-year high. Because it is expected that the Fed's interest rate cuts will weaken and the US dollar will strengthen, making risky assets in Asia unattractive.

Zhitongcaijing · 10/17 09:17
The Zhitong Finance App noticed that analysts have turned bearish on most Asian currencies, and their short bets on the Indian rupee are at a one-year high. Because it is expected that the Fed's interest rate cuts will weaken and the US dollar will strengthen, making risky assets in Asia unattractive.