USD/THB Price & Performance (USDTHB)

Investors are increasing short positions on several Asian currencies as trade tensions escalate. The Malaysian ringgit, South Korean won, and Indonesian rupiah have seen heightened bearish bets. Meanwhile, the Indian rupee continues its decline, marking its fifth consecutive monthly drop, driven by foreign outflows and tariff-related vulnerabilities.1

Rising trade tariffs imposed by the U.S. are fueling concerns among investors, leading to cautious positioning in Asian currencies. While the Chinese yuan and Philippine peso show relative strength, the Indian rupee and Indonesian rupiah remain under pressure. Analysts predict further shorting may occur if economic uncertainties persist.1

The Indian rupee has emerged as the most shorted Asian currency amid ongoing trade conflicts and economic vulnerabilities. February marked its fifth consecutive monthly decline, exacerbated by foreign portfolio outflows. Analysts highlight that high tariff rates make India's economy particularly susceptible to retaliatory trade measures.1