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MILK PRICE CRUSHES AUD VS NZD BUT NOT TODAY
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NEW ZEALAND DOLLAR / AUSTRALIAN DOLLAR
(
FX_IDC:NZDAUD
)
Gold__Plated
FX_IDC:NZDAUD
NEW ZEALAND DOLLAR / AUSTRALIAN DOLLAR
0
0
Milk prices march higher but a bad milk auction has reversed the crushing effect the NZD has had on the AUD.
Also RBA statement that was some what bullish on the AUD (zero jawboning) gave the AUD extra strength.
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