By Roushni Nair

(Reuters) -Bearish bets on most Asian currencies eased as a softer U.S. dollar and signs of easing geopolitical tensions lifted sentiment, with investors turning more optimistic on the peso and ringgit, a Reuters poll showed on Thursday.

Bullish positions on the Philippine peso rose to their highest since November 2024, while optimism on Malaysia’s ringgit strengthened further, extending gains since mid-April.

The ringgit has benefited from a weaker dollar and expectations of looser U.S. monetary policy, which typically support commodity-linked and supply-chain currencies in the region.

Long positions on China’s yuan climbed to their highest since mid-September, supported by optimism ahead of U.S. President Donald Trump’s meeting with Chinese leader Xi Jinping in Busan

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