US dollar takes a tumble

Apr 4, 2024 | Currency, Economy, Global Share Markets, Money Market

In currency markets, the US dollar fell sharply on markets overnight, notes BNZ Markets this morning. “Gold prices extended to fresh record highs, above US$2290 per troy ounce, having gained more than 15% since mid-February,” says Stuart Ritson, senior fixed interest strategist. Federal Reserve chair Powell’s speech on the economy didn’t provide additional information […]

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US dollar takes a tumble

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