Latest Global Dairy Trade auction started at 12.00 GMT
You can't say we haven't warned you on these pages over the past day or so with my post here and Eamonn's here
NZDUSD currently pinned around 0.6475 having held 0.6450 earlier with today's auction expected to produce lower price for the 3rd consecutive time with a 3% move lower from a 7.4% fall last time.
Click here for the link to GDT and we can expect the outcome around 14.00 GMT