New Zealand dollar spikes as RBNZ holds rates, warns of more hikes
WEARVALLEYMERCURY

New Zealand dollar spikes as RBNZ holds rates, warns of more hikes

Pedestrians stroll previous the Reserve Financial institution of New Zealand headquarters in Wellington, New Zealand, on Thursday, Sept. 13, 2012. Mark Coote | Bloomberg | Getty Pictures The New Zealand dollar jumped 1% to almost 0.62 in opposition to the U.S. dollar after the Reserve Financial institution of New Zealand held its official money charge at … Read more

Gold at six-month high as dollar declines and investors eye rate cuts
WEARVALLEYMERCURY

Gold at six-month high as dollar declines and investors eye rate cuts

Ingots of 99.99 p.c pure gold are positioned in a workroom at Novosibirsk Refining Plant, Russia on September 15, 2023. Alexander Manzyuk | Anadolu Company | Getty Photographs Gold costs on Monday rose to a greater than six-month excessive because the U.S. greenback weakened and buyers firmed up bets that the Federal Reserve is finished … Read more

Milei wins in Argentina, edging the country closer to the U.S. dollar
WEARVALLEYMERCURY

Milei wins in Argentina, edging the country closer to the U.S. dollar

Newly elected President of Argentina Javier Milei of La Libertad Avanza speaks after the polls closed within the presidential runoff on November 19, 2023 in Buenos Aires, Argentina. Tomas Cuesta | Getty Photographs Information | Getty Photographs Argentina’s Javier Milei, a far-right political outsider typically in comparison with former U.S. President Donald Trump, vowed to … Read more