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NZD/USD's stomach upset by sour milk (prices) – Will employment data be the remedy?

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 4, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Market activity and economic data are starting to pick up as we move toward the middle of the week, and one of the “warm up” acts for the headlining releases out of the UK and US later this week has already taken the stage. I’m referring, of course, to the NZD/USD and today’s key New Zealand economic figures. Earlier today, traders got their first glance at the biweekly Global Dairy Trade (GDT) price auction, which showed that dairy prices fell by 7.4% over the last two months. After four

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