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Dollar strength threatens APAC FX – BNY

BNY’s Geoff Yu highlights renewed US Dollar (USD) strength as a growing headwind for APAC (Asia-Pacific) currencies, with USD/JPY identified as the pivotal pair. Yu notes that a decisive break above key technical resistance could trigger negative spillovers across APAC FX, equities and rates, as investors prioritize FX hedge management over macro data in the current environment.Dollar gains pressure APAC currencies”Asia is now facing a renewed headwind from the resurgent U.S. dollar as markets reprice…

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Business

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Supplements sold on Amazon, Walmart recalled over possible salmonella risk

Organic moringa supplements sold through major online retailers including Amazon, Walmart, Target and TikTok Shop are being recalled nationwide after a supplier identified a potential salmonella contamination risk. New York-based Total Nutrition Inc. voluntarily recalled two TNVitamins organic moringa products after its supplier recalled the raw organic moringa ingredient because…

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Investing

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