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90 at 9: NZ dollar falls; Oil price falls and Bernanke warns on deficit

90 at 9: NZ dollar falls; Oil price falls and Bernanke warns on deficit



Bernard Hickey details the key news in 90 seconds at 9 am in association with ASB, including news the New Zealand dollar has fallen to 62.7 US cents on a reduction in appetite for risk globally on fears about Europe. Also the oil price fell US$2 to US$66 a barrel and Federal Reserve Chairman Ben Bernanke warned politicians to get the deficit down because he would not print money to fix the problem.

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