Dairy demand data available for FX traders for first time
Global Dairy Trade publishes data that is often behind Kiwi dollar moves
New Zealand-based Global Dairy Trade (GDT), the world's leading dairy product platform, has launched a new data service that will allow traders and market participants to gain in-depth insight in real time on crucial fortnightly auctions.
The data, while at first not obviously connected with foreign exchange, is a key driver of the New Zealand dollar, which often jumps on the back of supply-and-demand indicators for dairy products. Until now, the fortnightly auctions and the rounds of bidding
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