ForexLive Asia FX news: AUD, yuan, China stocks hit by China rating downgrade

Forex news for Asia trading Wednesday 24 May 2017
Quite an active day for FX news (and some data flow). New Zealand kicked it off with Fonterra lifting its milk price forecast (NZD got a bit of a jump from this, but the range has been small only). That was not the only positive news from NZ, but I’ll come back to that.