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NZD Rises Following GDT Price Declines

M. Ali 18 August, 2020 8:13 pm Forex Market, Market Update

The New Zealand Global Dairy Trade (GDT) price index declined by 1.7% on Tuesday.

Meanwhile, the Whole Milk Powder price index decreased by 2.2%.

The New Zealand Dollar (NZD) extended its gains against the U.S. Dollar (USD) following the data, with the Kiwi now up by 0.49% against the USD and the NZD/USD pair trading at 0.65863.

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