December 3, 2022

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NZD traders – heads up for the GDT dairy auction coming up Tuesday 1 June

1 min read

For traders of the New Zealand dollar, note that dairy is a huge NZ export. The GlobalDairyTrade (GDT) auction begins at midday in London on Tuesday, the results will come out in the hours following.

Previous results have seen minor swings since the big jump back in March:

For traders of the New Zealand dollar, note that dairy is a huge NZ export. The GlobalDairyTrade (GDT) auction begins at midday in London on Tuesday, the results will come out in the hours following.Little change is expected again at this auction, prices should remain at their current strong levels. 

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