# Bullish bets on China’s yuan seen at highest since June – Reuters poll: Analytics and Market news from 27 January 2022 05:57

> A Reuters poll showed investors raised long bets on the Chinese yuan to their highest since June 2021. Positioning in the Thai baht turned neutral and bearish bets on the Philippine peso reached a high, while the Indian rupee moved to a short.

- Date: 2022-01-27 · published 2022-01-27T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/6269-bullish-bets-on-china-s-yuan-seen-at-highest-since-june-reuters-poll-analytics
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

Bullish yuan positioning points to expected yuan appreciation, which slightly lowers the local-currency cost of dollar-priced imports. The poll is a sentiment indicator with limited direct effect on feed prices.

## Read by commodity

- USDCNY: bearish ▼

## Sources

- teletrade.org: https://www.teletrade.org/analytics/market-analysis/market-news/3722447

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.