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New Zealand Dollar extends rally as fading Fed-hike bets soften US Dollar

The New Zealand Dollar (NZD) extends its rally against the US Dollar (USD) on Friday, trading near 0.6000 and close to its highest level since end-May.Flash S&P Global PMIs released on Friday showed private-sector activity accelerating, led by a strong Services reading that beat expectations, though Manufacturing slipped and missed…

XAG bulls test  as rally extends

Silver (XAG/USD) prices rally for the third straight day on Friday, up more than 2% and, for the week, gains over 7.40%, as a firm US Dollar (USD) is not an excuse for precious metals buyers, who are choosing flight-to-quality over haven demand due to the difficult US fiscal stance. The XAG/USD pair trades at $69.50 after reaching a high of $70.02.XAG/USD Price Forecast: Technical OutlookFrom a technical perspective, Silver’s uptrend remains in place, with…

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Disney will drop medical insurance for some employees’ spouses

Disney is joining other big-name companies in curbing employee benefits, a move that comes as healthcare costs rise.Starting next year, the entertainment giant will no longer offer medical insurance plans to US employees’ spouses if their spouses have jobs that provide such coverage, a Disney spokesperson confirmed to Business Insider.…

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