Oil, gold and NZ dollar surges as money printing fears hammer US dollar down

Oil, gold and NZ dollar surges as money printing fears hammer US dollar down


Bernard Hickey details the key news overnight, including oil's rise over US$50 a barrel and gold's surge towards US$1,000/oz because of US dollar weakness. The Federal Reserve's plan to print money has damaged confidence in the US dollar. The NZ dollar rose to 55.7 US c overnight.

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