Oil, gold and NZ dollar surges as money printing fears hammer US dollar down
20th Mar 09, 9:24am
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.