ANZ has cut 2015-16 Fonterra milk payout forecast to NZD 3.95/kg. NZD/USD is last trading at 0.6717, 25 pips off today’s highs, with the latest miss in Australian Dec retail sales having weighed on the Kiwi too.
(Market News Provided by FXstreet)
Forex – financial instrument.Forex news
ANZ has cut 2015-16 Fonterra milk payout forecast to NZD 3.95/kg. NZD/USD is last trading at 0.6717, 25 pips off today’s highs, with the latest miss in Australian Dec retail sales having weighed on the Kiwi too.
(Market News Provided by FXstreet)