Weak NZ Dairy Auction Index Sends Kiwi Lower

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Jul 6, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    The New Zealand dollar continues to drop and has posted slight losses on Wednesday. In the North American session, NZD/USD is trading just below the 0.71 level. On the release front, New Zealand GDT Price Index declined 0.4%. In the US, ISM Non-Manufacturing PMI was unexpectedly strong, climbing to 56.5[​IMG]

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