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Investors reduced bearish bets on Asian currencies as the US dollar weakened, according to a Reuters poll published on March 20. Markets are anxious that Trump's economic agenda could slow growth in the US.
Bullish positioning on the Philippine peso increased.
A weaker dollar tends to support commodity prices priced in dollars, and it can lift import demand from Asian feed buyers.
reuters.comRoushni NairMar 20, 2025After 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
