Asia FX firms as US rate cut bets, dollar weakness persist despite sticky CPI

By Wayne Cole SYDNEY (Reuters) – Asia shares were subdued on Monday in a countdown for U.S. price data that investors hope will show a renewed moderation in inflation, while markets were on alert for possible Japanese intervention as the dollar tested the 160 yen barrier. Geopolitics also loomed large, with the first U.S. presidential…

Kathleen C. Kobashi, MD, MBA, FACS Dr. Kobashi will be the incoming editor for Urology Practice. BALTIMORE, Dec. 19, 2024 (GLOBE NEWSWIRE) — The American Urological Association (AUA) announced today Kathleen C. Kobashi, MD, MBA, FACS, as the incoming editor of Urology Practice®, an official journal of the AUA. Dr. Kobashi is currently an associate…

EUR/USD’s pull back from 1.1200 extend lower last week. Initial bias stays neutral this week with risk of deeper decline. But still, rally from 1.0665 is in favor to continue as long as 1.0947 resistance turned support holds. Above 1.1139 minor resistance will bring retest of 1.1200 first. Break there will target 1.1274 high next….

New York, New York, Jan. 16, 2025 (GLOBE NEWSWIRE) — Ribbon Acquisition Corp (NASDAQ: RIBBU, the “Company”) today announced the closing of its initial public offering (“IPO”) of 5,000,000 units at an offering price of $10.00 per unit. Each unit consists of one Class A ordinary share and one right to receive one-seventh (1/7) of…

EUR/USD is in a tight consolidation phase ahead of critical US macroeconomic data, marking its fourth consecutive day of subdued movement. The primary market focus is the US Consumer Price Index (CPI), with consensus forecasting a slight slowdown in January’s headline and core inflation. The pair’s direction depends on US data: hot CPI could push…