According to a recent Reuters poll, investors have maintained their short bets on most Asian currencies.

That's as they assessed the prospects of an escalating global trade war. Analysts say with growing concerns over Trump's tariffs, market players will gradually increase short conviction on Asian currencies, especially given their recent strength, as risk reward for shorting could improve.

On Wealth Tracker, Hongbin Jeong speaks to Peter Chia, Senior FX Strategist at UOB, to find out which Asian currencies could be the biggest winners and the biggest losers from escalating trade tensions from the US.