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New Zealand dollar hits session low on soft dairy auction

Discussion in 'Market News' started by ForexLive, Feb 2, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    GlobalDairyTrade numbers fall - GDT price index -7.4% - Index fell 1.4% at prior auction NZD/USD touched a session low of 0.6474 on the results but is only marginally lower. There was chatter about a 10% fall in milk powder prices and they fell 10.4% so it's not a huge surprise.

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