Category: Buoyed
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Asia FX weakens as dollar regains some ground; Aussie buoyed by sticky CPI By Investing.com
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Most Asian currencies fell on Wednesday as the dollar clawed back more recent losses, while the Australian dollar was an outlier as firm inflation data bolstered the case for a hawkish Federal Reserve. However, the US dollar’s recovery was limited, as were losses in regional markets, as traders remained optimistic…
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Dollar edges higher, buoyed by monetary policy imbalance By Reuters
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Written by Laura Matthews NEW YORK (Reuters) – The dollar rose against other major currencies on Friday, hitting an eight-week high against the yen, after data showed the strength of the US economy and with the Federal Reserve’s patient approach to interest rate cuts contradicting analysts’ expectations. . Their peers…
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Merck, Kelun buoyed by phase 3 results for breast cancer antibody drug conjugate
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JHVEPhoto/iStock Editorial via Getty Images Merc (New York Stock Exchange: Merck) and its Sichuan partner Kelun-Biotech reported that phase III data on its antibody drug candidate Sacituzumab tirumotecan (sac-TMT) led to a 69% reduction in the risk of progression or death in people with triple-negative breast cancer. From 233 Of…