TWD/KRW Price & Performance (TWDKRW)

Investors have shown renewed optimism towards the Philippine peso, with long positions reaching a three-month high. This comes as the U.S. dollar weakens amid concerns over President Trump’s trade policies. Analysts also highlight declining inflation and expected rate cuts as factors bolstering confidence in the Philippine economy.1

The U.S. dollar’s recent decline has led to reduced bearish bets on Asian currencies. Notably, short positions on the Chinese yuan and South Korean won have dropped significantly. Analysts attribute this trend to fears of a U.S. economic slowdown and easing sentiment indicators in the region.1

Economic measures in China and easing credit policies have invigorated market sentiment across Southeast Asia. The Philippine peso has particularly benefited, with analysts citing resilience to global tariff threats. Meanwhile, Indonesia’s rupiah remains under pressure due to fiscal concerns and political uncertainties.1