Heads up for NZD traders, dairy auction coming up during London time

Author: Eamonn Sheridan | Category: News

A preview of the Global Dairy Trade auction due 16 February 2016

  • Starts at 1200GMT
  • Results should trickle through in the hours following
  • Futures pricing is indicating an expected fall in the WMP of around 8%
  • This should be a negative for the NZD
  • The previous auction result was a fall of 7.4%

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