I haven’t seen any posts on it but a glance at the Global Dairy Trade website says there’s another auction today and these have recently been undermining NZD, as indeed it appears to have done today already in addition to the general USD buying.
So a heads up just in case we get some volatilty in a couple of hours or so (underway now but it takes a while), judging by recent auctions here and here
NZDUSD currently 0.8328 just off session lows of 0.8323.
The sunshine beckons.See you all tomorrow and have a good session out there.
