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ECB to stick to data-dependent path in lowering rates – OCBC
- cnnnews
- September 12, 2024
- 0
EUR/USD has been depreciating towards 1.10 over the past four sessions into the interest rate cuts expected at today’s European Central Bank governing council meeting, DBS’s FX analyst Philip Wee notes. ECB is not on auto-pilot yet “Apart from the deposit facility rate declining a second time by 25 bps to 3.50%, there are also expectations for
Forex Today: US Dollar slides as markets reassess odds of large Fed rate cut
- cnnnews
- September 13, 2024
- 0
Here is what you need to know on Friday, September 13: Following the bullish action seen in the first half of the week, the US Dollar (USD) Index turned south on Thursday and erased all of its weekly gains. The index struggles to gain traction early Friday and edges lower toward 101.00. Eurostat will release
Cantex confirms strike extended at North Rackla, Yukon
- cnnnews
- September 10, 2024
- 0
Cantex Mine Development Corp. [TSXV-CD; OTCQB-CTXDF] reported a substantial extension of the drill confirmed strike length of the Massive Sulphide Zone at the North Rackla Project, Yukon Territory. Cantex drilling has extended the Main Zone mineralization strike length by 250 metres to 2.6 km. This is a substantial increase. Since restarting work in late August, Cantex