Kiwi jumps on the dairy data - Forex News by FX Leaders

Kiwi jumps on the dairy data

Posted Tuesday, May 17, 2016 by
Skerdian Meta • 1 min read

The global dairy prices data was released a while ago and it showed a 2.6% increase in the last two weeks. New Zealand is heavily dependent on the dairy exports, so that was good news and NZD jumped about 40 pips after the release. 

The GDT price increase sent the NZD 40 pips higher

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