GDT Price Index arrives at -1.7% following the bi-weekly auction. NZD/USD pulled away from highs after the data but stays in the positive territory. The bi-weekly Global Dairy Trade auction in New Zealand yielded a 1.7% decline in the GDT Price Index on Tuesday after falling by 5.1% in the previous auction. Additionally, the Whole Milk Powder Price Index decreased by 2.2%. Market reaction The NZD/USD pair spent the first half of the day moving sideways in a tight range near mid-0.6550s but gained traction in the early American session. After advancing to a fresh six-day high of 0.6604 amid the heavy selling pressure surrounding the greenback, the pair retreated modestly on GDT data and was last seen gaining 0.42% on the day at 0.6585. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Coronavirus update UK: 1,089 daily confirmed cases of COVID-19, 12 deaths FX Street 2 years GDT Price Index arrives at -1.7% following the bi-weekly auction. NZD/USD pulled away from highs after the data but stays in the positive territory. The bi-weekly Global Dairy Trade auction in New Zealand yielded a 1.7% decline in the GDT Price Index on Tuesday after falling by 5.1% in the previous auction. Additionally, the Whole Milk Powder Price Index decreased by 2.2%. Market reaction The NZD/USD pair spent the first half of the day moving sideways in a tight range near mid-0.6550s but gained traction in the early American session. After advancing to a fresh six-day high of 0.6604 amid the heavy… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
