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Bears dig in on Asian currencies as trade war reignites

Updated : May 23, 2019 01:22 PM IST

With diminishing hopes of a long-awaited trade deal between the world's top two economies, the mood across markets have been apprehensive with investors shifting money to safer bets.
Investors, who were bullish on China's yuan for much of this year until April end, have since raised their short positions to their highest in six months, the poll of 12 respondents showed.
Bears dig in on Asian currencies as trade war reignites

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